Fish of Galesburg

Analysis

Fish of Galesburg is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, 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, Fish of Galesburg reported income of $261k and spending of $277k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $296k to $261k (-12%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fish of Galesburg sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Every Eye Will See Him Ministries Inc ($261k), Big Valley Fifty Plus Club ($261k) and Healthy Foods for Healthy Kids Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $17k (6.3% of expenses). At year end it held assets of $896k against liabilities of $118k, net assets of $778k. It reported 1 employees.