Vermont Golf Association Scholarship Fund Inc

Analysis

Vermont Golf Association Scholarship Fund Inc is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in October 1965, 61 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, Vermont Golf Association Scholarship Fund Inc reported income of $86k and spending of $48k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $122k to $86k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 180%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vermont Golf Association Scholarship Fund Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 24th percentile within VT. Charities of a similar size with the same main cause include Nassau Center Residential Development Corp ($86k), Coastside Womens Club ($86k) and Highlands Womans Club ($86k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 15% of the total. At year end it held assets of $721k against liabilities of $0, net assets of $721k.