Fishing School Inc

Analysis

Fishing School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1991, 35 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 September 2023, Fishing School Inc reported income of $1.3m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.3m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to September 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishing School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include International Life Services Incorporated ($1.3m), Missouri Budget Project ($1.3m) and Denton Assistance Center Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $199k (14% of expenses). Other salaries and wages came to $817k. At year end it held assets of $2.7m against liabilities of $360k, net assets of $2.3m. It reported 74 employees.