Billfish Foundation Inc

Analysis

Billfish Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Billfish Foundation Inc reported income of $1.4m and spending of $1.1m, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.4m (+28%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Billfish Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Big Fluffy Dog Rescue ($1.4m), Cedar Bend Humane Society Inc ($1.5m) and Spay-Neuter Services Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $137k (13% of expenses). Other salaries and wages came to $239k. At year end it held assets of $2.4m against liabilities of $170k, net assets of $2.2m. It reported 7 employees.