Freshman Fresh Start Inc

Analysis

Freshman Fresh Start Inc is a registered charity in United States, based in Wellesley HLS, MA. It received its IRS tax-exemption ruling in August 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, Freshman Fresh Start Inc reported income of $103k and spending of $97k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $103k (-3.7%), an average of -3.7% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Freshman Fresh Start Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Community of Faith Foundation Inc ($103k), Virginia M Olson Foundation ($103k) and Amazing Care Charitable Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $116, net assets of $73k.