Refresh Frisco

Analysis

Refresh Frisco is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in June 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, Refresh Frisco reported income of $336k and spending of $181k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $336k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Refresh Frisco sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include The Rhode Island Public Health Association ($336k), Shelbys Bridge ($336k) and Hope House of Manitowoc County Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $8,654 (4.8% of expenses). At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 1 employees.