Refresh Collective

Analysis

Refresh Collective is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Refresh Collective reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $178k to $1.1m (+514%), an average of +57% a year. The sharpest change came in the year to September 2022, when income rose by 128%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Refresh Collective sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Gateway Pga Reach Foundation ($1.1m), Kidpower Teenpower Fullpower International ($1.1m) and Civitan Club of Hendersonvile ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $511k (46% of expenses). It paid $6,222 in professional fundraising fees. At year end it held assets of $189k against liabilities of $172k, net assets of $18k.