Star-Fish Inc

Analysis

Star-Fish Inc is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Star-Fish Inc reported income of $135k and spending of $86k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $135k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Star-Fish Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Healing Waters Wilderness Adventures ($135k), Families Instructing Students at Home Inc ($135k) and Maya Collection Corp ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.