Atlantic Salmon Federation Inc

Analysis

Atlantic Salmon Federation Inc is a registered charity in United States, based in Calais, ME. It received its IRS tax-exemption ruling in October 1968, 58 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 September 2023, Atlantic Salmon Federation Inc reported income of $10.3m and spending of $8.6m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.9m to $10.3m (+110%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 72%. Over the whole period it spent 81% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Atlantic Salmon Federation Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Mercy for Animals ($10.2m), Animal Rescue League of Iowa Incorporated ($10.4m) and Animal Samaritans ($10.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 2.8% of the total. Other salaries and wages came to $465k. It paid $192k in professional fundraising fees. At year end it held assets of $22.6m against liabilities of $2.1m, net assets of $20.5m. It reported 6 employees.