Great Lakes Fishery Trust Inc

Analysis

Great Lakes Fishery Trust Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Lakes Fishery Trust Inc reported income of $5.3m and spending of $2.7m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.4m to $5.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 56% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Great Lakes Fishery Trust Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Great Plains SPCA ($5.2m), Bonefish & Tarpon Trust Inc ($5.3m) and Binder Park Zoological Society Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 57% of the total. At year end it held assets of $19.8m against liabilities of $3.6m, net assets of $16.2m.