Focusfish Inc

Analysis

Focusfish Inc is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Focusfish Inc reported income of $296k and spending of $295k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $296k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Focusfish Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Phoenix Benefit Inc ($296k), Royal Oak Initiative ($297k) and South Shore Childrens Chorus Corp ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $74k (25% of expenses). Other salaries and wages came to $55k. At year end it held assets of $56k against liabilities of $1, net assets of $56k. It reported 4 employees.