Refresh Miami

Analysis

Refresh Miami is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Refresh Miami reported income of $589k and spending of $514k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $589k (+567%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Refresh Miami sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include China Medical University of Taiwan North America Alumni Foundation in ($589k), Lux Lucis Foundation Inc ($589k) and Montclaire Parent Teacher Organization ($589k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $9,710, net assets of $212k.