Recreational Boating and Fishing Foundation

Analysis

Recreational Boating and Fishing Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 March 2024, Recreational Boating and Fishing Foundation reported income of $13.8m and spending of $13.8m, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $12.2m to $13.8m (+13%), an average of +3.0% a year. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Recreational Boating and Fishing Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Jackson Community Ambulance Inc ($12.9m), Bridge to Turkiye ($14.2m) and Lehigh Valley Health Network Emergency Medical Services ($12.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $967k (7.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $1.5m, net assets of $546k. It reported 18 employees.