Virginia · Nonprofit
TROUT UNLIMITED INC
TROUT UNLIMITED INC (Virginia) receives grants from 404 organizations whose IRS filings report $120,322,609 to it, the largest being NATIONAL FISH AND WILDLIFE FOUNDATION ($30,722,610). 238 of them have funded it in more than one year.
- Revenue FY2025
- $110M
- Funders on record
- 404
- Grants received
- $120M
- Net assets
- $41M
What Trout Unlimited Inc does
Mission
To conserve, protect, and restore north america's coldwater fisheries and their watersheds.
As stated on its FY2025 Form 990.
Programs
Conservation operations:the following are some notable developments underway in tu's identified "priority waters":eastern conservation maine through partnerships with land trusts, tu is working on a combination of land protection, stream reconnection, and instream habitat restoration. Together, these comprehensive efforts will secure some of the best native brook trout strongholds in the u.s. Among the highlights from the 2024 field season were six miles of instream wood additions on streams in the kennebago and pleasant river watersheds. West virginiamore evidence of the effectiveness of wood addition projects was gained through monitoring of work done by tu and the u.s. Forest service in west virginia. Areas where large wood was added to streams showed an increase in pools and pool depth and increases in total biomass as well as the numbers of large brook trout. By re-engaging the floodplain and improving groundwater recharge, the projects led to maximum water temperatures that were 1.2 degrees celsius lower than the maximum water temperatures in the control sites.great lakes coasters are brook trout that live in lake superior and migrate to tributaries. In 2024, tu organized…
$83,631,407 spentof which $940,328 as grants$4,226,700 earned by the program91% of program spendingVolunteer operations and chapter support:plant for our futurewe are headed into our third year of partnership with tractor supply company on the plant for our future initiative, we have been able to leverage the initial investment to attract and secure funding to expand the program. The arbor day foundation has become one of our core new partners, introducing us to corporate funders like td bank, verizon wireless, and niagara bottling. Our aggregate impact to date is: - planned 255 planting projects in 18 states - planted 84,492 native trees - engaged more than 4,003 volunteers - restored more than 1,277 acres - intercepted more than 21,114,551 gallons of stormwaterheadwaters youth education programstaff are prioritizing the delivery of best-in-class resources and support to tu volunteers, teachers, engagement managers, camp directors and student leaders ensuring they have the tools needed to implement youth education effectively in the field. The 5 rivers program has over 5,000 active college-aged members across 80 campuses participating in thousands of activities, including a record-breaking western rendezvous in colorado last fall that sold out in minutes, and over half of…
$2,124,071 spent$107,350 earned by the program2% of program spendingMembership development:the nlc workgroups continue to make progress toward completing their quantifiable goals which support the tu strategic plan. Tu continues to evolve its membership messaging to focus on collaboration and engagement.
$2,801,691 spentof which $155,544 as grants$141,596 earned by the program3% of program spendingCommunications:tu's priority waters communications campaign launched in mid-january following completion of a new website (https://prioritywaters.tu.org) that includes state-by-state rundown of priority waters work, a section about how we work and why it matters, and maps. This new website is integrated with tu.org and is an update for our standing conservation content. A multimedia effort involving social media, blogs, press, emails, ads, and films is promoting the message that tu is working at scale across the nation, and working in places you live, love and fish. The first of a series of priority waters films launches in february: "a beautiful mess" highlights our work in tennessee's cherokee national forest. Forthcoming installments are set in arizona (apache trout), california (golden trout), the olympic peninsula (salmon and steelhead), and wyoming and utah (cutthroat trout). This is an all-hands-on-deck evergreen campaign, and we have been encouraging staff, volunteers and leaders to help us spread the word using a tu priority waters toolkit.
$1,850,086 spent$93,503 earned by the program2% of program spendingGovernment affairs:at long last, good samaritan legislation passed congress and was signed by president biden into law on december 17. This campaign embodied a "one-tu" approach, leveraging the collective strength of grassroots and staff across not only government affairs and executive leadership, but also science, communications, development, and restoration staff. Widely recognized as the campaign leader, tu recruited numerous partners, leveraging relationships and assets to overcome abundant hurdles along the way to legislation being enacted. We will continue this leadership throughout the implementation of this pilot program, including bringing together the epa, federal land managers, state agencies, and other potential good sams and stakeholders to develop guidance for program implementation within the congressionally required 180-day deadline. We will also renew our efforts to secure similar liability protections for cleanup at abandoned coal mines, an effort that has bipartisan support on both sides of capitol hill. Additionally, the department of the interior initiated administrative mineral withdrawal processes for new mexico's pecos river watershed and nevada's ruby…
$1,850,991 spent$93,548 earned by the program2% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $92,258,246.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $31M to $44M (+44%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 40% · 2018 48% · 2020 48% · 2021 49% · 2022 46% · 2023 47% · 2024 64% · 2025 63%. Grants only. Government contracts and fees sit inside program revenue.
94% of TROUT UNLIMITED INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (73% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Christopher Wood
President and CEO
Board chair
Harris Hyman
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 99 funders to 172 funders, grant income rose $9.8M → $15M.
63 of 404 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of TROUT UNLIMITED INC’s funders (the co-funder graph). Top 30 of 404 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
TROUT UNLIMITED INC has a broad base — no single funder exceeds 26% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
66% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TROUT UNLIMITED INC.
Largest funder’s share by year: 2017 31% · 2018 30% · 2019 32% · 2020 22% · 2021 28% · 2022 27% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
47% of TROUT UNLIMITED INC's funders are still giving 3 years after their first grant; 59% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
TROUT UNLIMITED INC draws 96% of its grant income from funders outside Virginia, across 45 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $27M arriving through sponsors registered in 30 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
TROUT UNLIMITED INC has grown faster than three-quarters of the 15 animals nonprofits its size.
this organization peer median middle 50% of peers· 15 animals nonprofits over $100M, FY2025
Government funding TROUT UNLIMITED INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $357.4M on record.
- Department of Agriculture$197.5M
- Department of the Interior$91.1M
- Department of Commerce$67.9M
- Environmental Protection Agency$795k
- National Aeronautics and Space Administration$100k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like TROUT UNLIMITED INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 28 states
Screen this organization
A dated, signed PDF of the compliance screen for TROUT UNLIMITED INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TROUT UNLIMITED INC?
- TROUT UNLIMITED INC (Virginia) receives grants from 404 organizations whose IRS filings report $120,322,609 to it, the largest being NATIONAL FISH AND WILDLIFE FOUNDATION ($30,722,610). 238 of them have funded it in more than one year.
- How many funders does TROUT UNLIMITED INC have?
- IRS filings report 404 organizations giving $120,322,609 in grants to TROUT UNLIMITED INC, 238 of which have funded it in more than one year.
- Who is the largest funder of TROUT UNLIMITED INC?
- NATIONAL FISH AND WILDLIFE FOUNDATION is the largest funder on record, with $30,722,610 in grants. The full list of funders is on this page.
- How can an organization like TROUT UNLIMITED INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 404 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing