Refresh Ministry Inc

Analysis

Refresh Ministry Inc is a registered charity in United States, based in Lincoln, MA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Refresh Ministry Inc reported income of $172k and spending of $188k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $172k (+11%), an average of +11% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Refresh Ministry Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Vertical First Foundation ($171k), Church in Hayward ($172k) and Children Giving Gifts Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $1,634 against liabilities of $1,220, net assets of $414.