Fresh Start Ministries of Central Florida Inc
Analysis
Fresh Start Ministries of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Fresh Start Ministries of Central Florida Inc reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $1.0m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresh Start Ministries of Central Florida Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Sacopee Rescue Unit Inc ($1.0m), Canyons Aquatic Club Inc ($1.0m) and WM L Wetzel Memorial Osteopathic Educational & Research Foundation ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $185k (18% of expenses). Other salaries and wages came to $349k. At year end it held assets of $2.0m against liabilities of $238k, net assets of $1.8m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 55%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sacopee Rescue Unit Inc | Parsonsfield | $1.0m |
| Canyons Aquatic Club Inc | Valencia | $1.0m |
| WM L Wetzel Memorial Osteopathic Educational & Research Foundation | Jefferson City | $1.0m |
| Coolbaugh Township Volunteer Fire Company | Tobyhanna | $1.0m |