Altar Fly Fishing

Analysis

Altar Fly Fishing is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Altar Fly Fishing reported income of $446k and spending of $483k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $298k to $446k (+50%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Altar Fly Fishing sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Fresh Start for All Nations ($446k), Step Foundation ($446k) and Quakes Foundation ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $108k (22% of expenses). Other salaries and wages came to $83k. At year end it held assets of $82k against liabilities of $41k, net assets of $41k. It reported 4 employees.