Fly Fishers International Inc

Analysis

Fly Fishers International Inc is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Fly Fishers International Inc reported income of $988k and spending of $1.1m, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $889k to $988k (+11%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fly Fishers International Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within MT. Charities of a similar size with the same main cause include South Orlando Soccer Club Inc ($987k), Chesterbrook-Mclean Little League Inc ($988k) and Laketown Gym ($986k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $151k (14% of expenses). Other salaries and wages came to $302k. At year end it held assets of $1.4m against liabilities of $441k, net assets of $936k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.