Fishermens Wives Inc

Analysis

Fishermens Wives Inc is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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, Fishermens Wives Inc reported income of $114k and spending of $66k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $363k to $114k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fishermens Wives Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OR. Charities of a similar size with the same main cause include Newtown Library Company ($114k), League of Women Voters of Sacramento ($114k) and Tucson Dressage Club ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 141% of the total. At year end it held assets of $575k against liabilities of $0, net assets of $575k.