South Puget Sound Salmon Enhancement Group

Analysis

South Puget Sound Salmon Enhancement Group is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 1991, 35 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 June 2023, South Puget Sound Salmon Enhancement Group reported income of $3.4m and spending of $3.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.4m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 156%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, South Puget Sound Salmon Enhancement Group sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Wild Landscapes Inc ($3.4m), Southwest Missouri Humane Society ($3.4m) and The Wildlife Society ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (3.3% of expenses). Other salaries and wages came to $417k. At year end it held assets of $1.3m against liabilities of $741k, net assets of $540k. It reported 8 employees.