Fresh Spirit Wellness for Women Inc

Analysis

Fresh Spirit Wellness for Women Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Spirit Wellness for Women Inc reported income of $744k and spending of $869k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $744k (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fresh Spirit Wellness for Women Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include World of Opportunity ($744k), Fort Mill Care Center Inc ($745k) and Sheridan Memorial Home Inc ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $150k (17% of expenses). Other salaries and wages came to $366k. It paid $830 in professional fundraising fees. At year end it held assets of $69k against liabilities of $156k, net assets of -$87k. It reported 6 employees.