Refuge Coffee Inc

Analysis

Refuge Coffee Inc is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover employment, 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, Refuge Coffee Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $599k to $1.2m (+100%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Refuge Coffee Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Ser Corporation ($1.2m), Newburgh Community Land Bank Inc ($1.2m) and Circle Venture ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $60k (5.4% of expenses). Other salaries and wages came to $654k. At year end it held assets of $671k against liabilities of $689k, net assets of -$19k. It reported 30 employees.