Fresh Foundation

Analysis

Fresh Foundation is a registered charity in United States, based in Norwood, CO. It received its IRS tax-exemption ruling in October 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 December 2023, Fresh Foundation reported income of $178k and spending of $149k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $244k to $178k (-27%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fresh Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Growing Angels Inc ($178k), Metroplex Military Charitable Trust ($178k) and Pipestone County Food Shelf ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Other salaries and wages came to $60k. At year end it held assets of $101k against liabilities of $1,937, net assets of $99k. It reported 9 employees.