2 Fish Home Renovations

Analysis

2 Fish Home Renovations is a registered charity in United States, based in Avondale, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, 2 Fish Home Renovations reported income of $328k and spending of $367k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $356k to $328k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 2 Fish Home Renovations sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Meda Foundation Inc ($328k), Urban Conservancy ($328k) and Vaya Verde ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $126k. At year end it held assets of $321k against liabilities of $435k, net assets of -$114k. It reported 5 employees.