Fishinko Payee Services

Analysis

Fishinko Payee Services is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Fishinko Payee Services reported income of $210k and spending of $215k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $63k to $210k (+232%), an average of +82% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fishinko Payee Services sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within WA. Charities of a similar size with the same main cause include Bristol Chamber Foundation ($210k), Ka Ipu Makani Cultural Heritage Center ($210k) and St Elmo Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $129k (60% of expenses). Other salaries and wages came to $12k. At year end it held assets of $2,189 against liabilities of $4,249, net assets of -$2,060. It reported 5 employees.