Pure Fishing Foundation
Pure Fishing Foundation maintains strong asset reserves with volunteer leadership, but expense allocation details are not provided.
EIN: 205101603 · Columbia, SC · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $28K |
| Program Spending | 75% |
| Net Assets | $218K |
| Transparency Score | 85/100 |
Is Pure Fishing Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pure Fishing Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pure Fishing Foundation
Pure Fishing Foundation (EIN: 205101603) is a nonprofit organization based in Columbia, SC, classified under NTEE code M20. The organization reported total revenue of $52K and total assets of $184K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pure Fishing Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pure Fishing Foundation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $28K |
| Surplus / Deficit | $-756 |
| Total Assets | $218K |
| Net Assets | $218K |
| Operating Margin | -2.8% |
| Months of Reserves | 94.9 months |
Financial Health Grade: B
In 2023, Pure Fishing Foundation reported a deficit of $756 with expenses exceeding revenue, holds 94.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pure Fishing Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +2.4% | -0.3% |
| 2022 | +11.5% | -29.2% | -1.5% |
| 2021 | -2.3% | +18.8% | -7.0% |
| 2020 | -55.7% | +5.5% | -4.1% |
| 2019 | -25.5% | +62.1% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pure Fishing Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Pure Fishing Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $756, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pure Fishing Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Pure Fishing Foundation:
- Consistent zero liabilities across all filing periods.
- Strong asset base relative to annual revenue and expenses (e.g., $218,296 assets vs. $26,846 revenue in 2023).
- 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Long filing history (13 filings) suggests consistent operation and transparency in reporting to the IRS.
Frequently Asked Questions about Pure Fishing Foundation
Is Pure Fishing Foundation a legitimate charity?
Pure Fishing Foundation (EIN: 205101603) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $52K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Pure Fishing Foundation spend its money?
Pure Fishing Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Pure Fishing Foundation tax-deductible?
Pure Fishing Foundation is registered as a tax-exempt nonprofit (EIN: 205101603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pure Fishing Foundation's spending goes to programs?
Pure Fishing Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pure Fishing Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pure Fishing Foundation is above average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pure Fishing Foundation located?
Pure Fishing Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 205101603. It is classified under NTEE code M20.
How many years of IRS 990 filings does Pure Fishing Foundation have?
Pure Fishing Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $52K in total revenue.
Is Pure Fishing Foundation a good charity?
Based on the available data, Pure Fishing Foundation appears to be a well-managed charity with strong financial health, zero liabilities, and volunteer leadership. However, a detailed breakdown of program spending versus administrative and fundraising costs is needed for a complete assessment of its efficiency.
How has Pure Fishing Foundation's revenue trended over the past few years?
Pure Fishing Foundation's revenue has fluctuated, with recent years showing a slight increase from $21,273 in 2021 to $26,846 in 2023, but still below its peak of $65,913 in 2018.
What is the organization's financial stability?
The organization demonstrates strong financial stability, consistently holding assets significantly higher than its annual expenses and maintaining zero liabilities across all reported periods. For example, in 2023, assets were $218,296 against expenses of $27,602.
Filing History
IRS 990 filing history for Pure Fishing Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pure Fishing Foundation's revenue has declined by 36.5%, moving from $42K to $27K. Total assets increased by 104.8% over the same period, from $107K to $218K. Total functional expenses fell by 15.4%, from $33K to $28K. In its most recent filing year (2023), Pure Fishing Foundation reported a deficit of $756, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $28K | $218K | $0 | — | View 990 |
| 2022 | $24K | $27K | $219K | $0 | — | View 990 |
| 2021 | $21K | $38K | $222K | $0 | — | — |
| 2020 | $22K | $32K | $239K | $0 | — | — |
| 2019 | $49K | $30K | $249K | $0 | — | View 990 |
| 2018 | $66K | $19K | $231K | $0 | — | View 990 |
| 2017 | $16K | $29K | $183K | $0 | — | — |
| 2016 | $43K | $13K | $197K | $0 | — | View 990 |
| 2015 | $43K | $12K | $166K | $0 | — | View 990 |
| 2014 | $41K | $28K | $135K | $0 | — | View 990 |
| 2013 | $44K | $49K | $122K | $0 | — | View 990 |
| 2012 | $36K | $16K | $127K | $0 | — | View 990 |
| 2011 | $42K | $33K | $107K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $28K, and assets of $218K (revenue +13.2% year-over-year).
- 2022: Revenue of $24K, expenses of $27K, and assets of $219K (revenue +11.5% year-over-year).
- 2021: Revenue of $21K, expenses of $38K, and assets of $222K (revenue -2.3% year-over-year).
- 2020: Revenue of $22K, expenses of $32K, and assets of $239K (revenue -55.7% year-over-year).
- 2019: Revenue of $49K, expenses of $30K, and assets of $249K (revenue -25.5% year-over-year).
- 2018: Revenue of $66K, expenses of $19K, and assets of $231K (revenue +303.5% year-over-year).
- 2017: Revenue of $16K, expenses of $29K, and assets of $183K (revenue -62.4% year-over-year).
- 2016: Revenue of $43K, expenses of $13K, and assets of $197K (revenue +0.8% year-over-year).
- 2015: Revenue of $43K, expenses of $12K, and assets of $166K (revenue +4.1% year-over-year).
- 2014: Revenue of $41K, expenses of $28K, and assets of $135K (revenue -6.2% year-over-year).
- 2013: Revenue of $44K, expenses of $49K, and assets of $122K (revenue +21.9% year-over-year).
- 2012: Revenue of $36K, expenses of $16K, and assets of $127K (revenue -14.3% year-over-year).
- 2011: Revenue of $42K, expenses of $33K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pure Fishing Foundation:
Data Sources and Methodology
This transparency report for Pure Fishing Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.