Hood Canal Slmon Enhancement Group

Analysis

Hood Canal Slmon Enhancement Group is a registered charity in United States, based in Belfair, WA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Hood Canal Slmon Enhancement Group reported income of $4.1m and spending of $3.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $4.1m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 74% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Hood Canal Slmon Enhancement Group sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Dogs for the Deaf Inc ($4.1m), Lawrence Humane Society Inc ($4.1m) and Second Chance Rescue Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $133k (3.4% of expenses). Other salaries and wages came to $762k. At year end it held assets of $11.2m against liabilities of $1.3m, net assets of $9.8m. It reported 31 employees.