Pine Island Fish Inc

Analysis

Pine Island Fish Inc is a registered charity in United States, based in Matlacha, FL. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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, Pine Island Fish Inc reported income of $106k and spending of $56k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $106k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pine Island Fish Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Association of SD Weed & Pest Boards ($106k), Lanier Partners of North Georgia ($106k) and Lifechronicles Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $318k against liabilities of $340, net assets of $317k.