Downeast Salmon Federation
Analysis
Downeast Salmon Federation is a registered charity in United States, based in Columbia FLS, ME. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Downeast Salmon Federation reported income of $2.1m and spending of $1.3m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 82% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Downeast Salmon Federation 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 86th percentile, and in the 85th percentile within ME. Charities of a similar size with the same main cause include Oregon Wildlife Heritage Foundation ($2.1m), Rescue Dogs Rock Inc ($2.1m) and Northwestern Pennsylvania Humane Society ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $87k (6.6% of expenses). Other salaries and wages came to $526k. At year end it held assets of $6.0m against liabilities of $50k, net assets of $5.9m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oregon Wildlife Heritage Foundation | Portland | $2.1m |
| Rescue Dogs Rock Inc | New York | $2.1m |
| Northwestern Pennsylvania Humane Society | Erie | $2.1m |
| Forever Foundation for Texas Wildlife Inc Dba Texas Wildlife | New Braunfels | $2.1m |