Fly Fishing Collaborative

Analysis

Fly Fishing Collaborative is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Fly Fishing Collaborative reported income of $350k and spending of $377k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $407k to $350k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fly Fishing Collaborative sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Florida Foundation for Special Children Inc ($350k), Athletic Boys Club of St Louis County Inc ($350k) and Cockeysville Recreation and Parks Council ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. Compensation of current officers, directors and key employees was $109k (29% of expenses). Other salaries and wages came to $99k. At year end it held assets of $228k against liabilities of $9,446, net assets of $219k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.