Slippery Fish Initiative Inc

Analysis

Slippery Fish Initiative Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Slippery Fish Initiative Inc reported income of $612k and spending of $708k, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $494k to $612k (+24%), an average of +5.5% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Slippery Fish Initiative 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 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Key Peninsula Community Services ($612k), Freedom CR a Hand Up Ministry ($612k) and Yad Dovid Inc ($612k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $84k (12% of expenses). Other salaries and wages came to $406k. At year end it held assets of $151k against liabilities of $114k, net assets of $37k. It reported 10 employees.