Fish of Laurel Inc

Analysis

Fish of Laurel Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in June 1980, 46 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Fish of Laurel Inc reported income of $156k and spending of $205k, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $57k to $156k (+171%), an average of +28% a year. The sharpest change came in the year to September 2020, when income rose by 103%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fish of Laurel Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Electric Kids Inc ($156k), Schuyler Community Center on Waltons Mountain Museum ($156k) and Alabama Asset Building Coalition ($156k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $206k against liabilities of $185, net assets of $206k.