Old Westbury Golf and Country Club Foundation Inc

Analysis

Old Westbury Golf and Country Club Foundation Inc is a registered charity in United States, based in Old Westbury, NY. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Old Westbury Golf and Country Club Foundation Inc reported income of $302k and spending of $324k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $302k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Old Westbury Golf and Country Club Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Edwards Hope Corporation ($301k), Project Alive ($302k) and Saval Charitable TR ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.