Trout Unlimited

Analysis

Trout Unlimited is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in March 1972, 54 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Trout Unlimited reported income of $1.0m and spending of $808k, spending 81% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $615k to $1.0m (+63%), an average of +18% a year. The sharpest change came in the year to March 2023, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trout Unlimited 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 81st percentile within MT. Charities of a similar size with the same main cause include The Nuxhall Foundation Inc ($1.0m), Buckhead Baseball Inc ($1.0m) and Capitol Area Youth Soccer Association ($1.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 59% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $75k (9.2% of expenses). Other salaries and wages came to $260k. At year end it held assets of $1.9m against liabilities of $346k, net assets of $1.5m.