Marthas Vineyard Striped Bass and Bluefish Derby Inc

Analysis

Marthas Vineyard Striped Bass and Bluefish Derby Inc is a registered charity in United States, based in Edgartown, MA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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 November 2023, Marthas Vineyard Striped Bass and Bluefish Derby Inc reported income of $391k and spending of $314k, spending 80% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $317k to $391k (+23%), an average of +5.4% a year. The sharpest change came in the year to November 2023, when income rose by 21%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marthas Vineyard Striped Bass and Bluefish Derby Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Union Labor Housing Inc ($391k), Catholics United for the Poor ($391k) and Rosedale Development Association Inc ($391k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 1 employees.