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Fishings Future

RegisteredEIN 20-8782271South Padre Island, TXEducation and training
Income$191k2023-12
Spending$158ksame year
Spent / received102%5-year average
Size in its cause53rd pctEducation and training
Exempt since2007Publicly supported organisat
Employees1latest return

Analysis

Fishings Future is a registered charity in United States, based in South Padre Island, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fishings Future reported income of $191k and spending of $158k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $191k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 234%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fishings Future sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Dligr Inc ($191k), South Brunswick High School Athletic Booster Club ($191k) and Cornerstone Christian Academy ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (23% of expenses). At year end it held assets of $182k against liabilities of $4,617, net assets of $178k. It reported 1 employees.

Income and spending

$0$48k$95k$143k$191k2019 Income: $92,1582019 Spending: $164,02520192020 Income: $55,8682020 Spending: $111,09020202021 Income: $186,3862021 Spending: $119,10320212022 Income: $139,9842022 Spending: $124,12620222023 Income: $190,6872023 Spending: $157,5242023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Dligr IncMarne$191k
South Brunswick High School Athletic Booster ClubSouthport$191k
Cornerstone Christian AcademyBeech Bottom$191k
Rolla Public Schools FoundationRolla$191k