Fresh Start SC

Analysis

Fresh Start SC is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fresh Start SC reported income of $109k and spending of $56k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $109k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fresh Start SC sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Downtown Development Corporation of Peoria ($109k), Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($109k) and Africatown Heritage Preservation Foundation ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.