According to the pilot of the tailwheel-equipped airplane, the airplane "went off to the right" as he applied power to take off from the 2,010-foot-long by 20-foot-wide asphalt runway. The pilot stated that he "overcorrected" with rudder, the airplane impacted a runway light, and he reduced engine power in an attempt to regain control. The pilot then re-applied engine power to clear a fence at the end of the runway and land the airplane in a grass area beyond the fence. During the landing, the airplane impacted a pile of dirt, resulting in substantial damage to the bottom left wing. The pilot stated that there were no mechanical malfunctions or anomalies with the airplane.