Lake Michigan Junior Golfassociation Inc

Analysis

Lake Michigan Junior Golfassociation Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Lake Michigan Junior Golfassociation Inc reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $1.1m (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Michigan Junior Golfassociation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Waterfront Historic Area League of New Bedford Inc ($1.1m), Enumclaw Expo and Events Association ($1.1m) and Payette Lakes Ski Club Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $102k (9.1% of expenses). Other salaries and wages came to $619k. At year end it held assets of $1.1m against liabilities of $37k, net assets of $1.0m. It reported 105 employees.