Massachusetts Golf Association Inc

Analysis

Massachusetts Golf Association Inc is a registered charity in United States, based in Norton, MA. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massachusetts Golf Association Inc reported income of $7.4m and spending of $7.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $7.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Golf Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Incarnate Word High School ($7.4m), Covenant Christian Academy Inc ($7.4m) and The White Mountain School ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $423k (6.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.4m against liabilities of $601k, net assets of $15.8m. It reported 83 employees.