Fishtrap Inc

Analysis

Fishtrap Inc is a registered charity in United States, based in Enterprise, OR. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 July 2023, Fishtrap Inc reported income of $407k and spending of $488k, spending 120% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $438k to $407k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to July 2022, when income rose by 90%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fishtrap Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Obert C Tanner Lecture Trust Fbo University of Utah ($407k), Delaware Institute for the Arts in Education ($407k) and Tri City Channel Cats Parents Association ($407k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 52% of the total. Other salaries and wages came to $207k. It paid $6,720 in professional fundraising fees. At year end it held assets of $456k against liabilities of $7,704, net assets of $448k. It reported 7 employees.