Belmont Golf Scholarship Fund Inc

Analysis

Belmont Golf Scholarship Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Belmont Golf Scholarship Fund Inc reported income of $183k and spending of $157k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $183k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belmont Golf Scholarship Fund Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($183k), Miraaj Academy Inc ($183k) and Foundation for Fort Mill Schools Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $957k against liabilities of $0, net assets of $957k.