Monroe County Commercial Fishermen Inc

Analysis

Monroe County Commercial Fishermen Inc is a registered charity in United States, based in Marathon, FL. It received its IRS tax-exemption ruling in January 1992, 34 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 2022, Monroe County Commercial Fishermen Inc reported income of $138k and spending of $142k, spending 103% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $493k to $138k (-72%), an average of -27% a year. The sharpest change came in the year to December 2019, when income dropped by 67%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monroe County Commercial Fishermen Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Cook Area Health Care Auxiliary ($138k), Ewam Choden ($138k) and Wimodaughsian Free Library ($138k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $80k (56% of expenses). At year end it held assets of $107k against liabilities of $2,020, net assets of $105k. It reported 2 employees.