Fish for Change
Analysis
Fish for Change is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Fish for Change reported income of $179k and spending of $251k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $179k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 105% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fish for Change sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Ragans Hope ($179k), Residential Advisory Council ($179k) and Every Valley Leadership Academy ($179k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $67k (27% of expenses). At year end it held assets of $80k against liabilities of $108k, net assets of -$27k. It reported 2 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 61%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ragans Hope | Dallas | $179k |
| Residential Advisory Council | Wilmington | $179k |
| Every Valley Leadership Academy | Chattanooga | $179k |
| Meals on Wheels of Greater Newburgh Inc | Newburgh | $179k |