Fresh RX
Analysis
Fresh RX is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Fresh RX reported income of $468k and spending of $409k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $327k to $468k (+43%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fresh RX sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Charis Youth Center ($468k), Urban Promise Ministries Community Development Inc ($468k) and Little Leaf Learning Center Inc ($468k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $3,900 (1.0% of expenses). Other salaries and wages came to $147k. It paid $30k in professional fundraising fees. At year end it held assets of $149k against liabilities of $8,918, net assets of $140k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Charis Youth Center | Grass Valley | $468k |
| Urban Promise Ministries Community Development Inc | Maple Shade | $468k |
| Little Leaf Learning Center Inc | Omaha | $468k |
| Buckinghams Choice Residents Association Inc | Adamstown | $468k |