Fresno Revitalization Corporation

Analysis

Fresno Revitalization Corporation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Fresno Revitalization Corporation reported income of $560k and spending of $1.1m, spending 189% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $282k to $560k (+99%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fresno Revitalization Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include The Nehemiah Project Inc ($560k), Operating Engineers Local 406 State of Louisiana Apprenticeship and Ed ($560k) and International Society of Vaccines Inc ($559k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $160k (15% of expenses). At year end it held assets of $648k against liabilities of $314k, net assets of $335k. It reported 1 employees.