First Tee of Benton Harbor Inc

Analysis

First Tee of Benton Harbor Inc is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in September 2007, 19 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 (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 2022, First Tee of Benton Harbor Inc reported income of $381k and spending of $411k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $350k to $381k (+8.7%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, First Tee of Benton Harbor Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Visalia South American Little League ($380k), Altitude Youth Ultimate ($381k) and Ushja Foundation Inc ($380k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $91k (22% of expenses). Other salaries and wages came to $124k. At year end it held assets of $942k against liabilities of $21k, net assets of $921k. It reported 5 employees.