Mid Puget Sound Fisheries Enhancement Group

Analysis

Mid Puget Sound Fisheries Enhancement Group is a registered charity in United States, based in Seattle, 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 December 2023, Mid Puget Sound Fisheries Enhancement Group reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $2.6m (+571%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Mid Puget Sound Fisheries Enhancement Group sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Wildlife Rehabilitation Center ($2.6m), Fairfield Area Humane Society ($2.6m) and Flagler Humane Society Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $181k (7.0% of expenses). Other salaries and wages came to $456k. At year end it held assets of $826k against liabilities of $626k, net assets of $200k. It reported 20 employees.