Todays Fresh Start

Analysis

Todays Fresh Start is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Todays Fresh Start reported income of $12.6m and spending of $10.6m, spending 84% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $14.6m to $12.6m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Todays Fresh Start sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Tis Ltd ($12.6m), Grandville Calvin Christian Schools ($12.6m) and Conservative Jewish Day School of Dallas Inc ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $319k (3.0% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $42.7m against liabilities of $12.4m, net assets of $30.4m. It reported 92 employees.