Tee It Up for the Troops Inc

Analysis

Tee It Up for the Troops Inc is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tee It Up for the Troops Inc reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.1m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tee It Up for the Troops Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Meridian Academy Inc ($3.1m), Southwest Leadership Academy ($3.1m) and Franklin Classical School ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (4.2% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.6m against liabilities of $371k, net assets of $1.2m. It reported 7 employees.