Hammond Youth Golf Academy Inc

Analysis

Hammond Youth Golf Academy Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in April 2009, 17 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 2023, Hammond Youth Golf Academy Inc reported income of $52k and spending of $61k, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $213k to $52k (-76%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 127% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hammond Youth Golf Academy Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Union Area Athletic Booster Organization ($52k), Build Different Basketball Inc ($52k) and Pocketparks ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. At year end it held assets of $16k against liabilities of $167k, net assets of -$151k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.