Re-Fined

Analysis

Re-Fined is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in March 2019, 7 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, Re-Fined reported income of $221k and spending of $183k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $122k to $221k (+81%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Re-Fined sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Bedford Community Christmas Station Inc ($221k), Friends of Moreno Valley Senior Center ($221k) and Perham Community Food Shelf Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $42k (23% of expenses). Other salaries and wages came to $42k. At year end it held assets of $162k against liabilities of $6,507, net assets of $155k. It reported 6 employees.