Fort Worth Junior Golf Foundation Incorporated

Analysis

Fort Worth Junior Golf Foundation Incorporated is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 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 2023, Fort Worth Junior Golf Foundation Incorporated reported income of $1.5m and spending of $1.7m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.5m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Worth Junior Golf Foundation Incorporated sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Merrick County Child Care Inc ($1.5m), Amatuer Athletic Union of the United States ($1.5m) and Nashville Aquatic Club ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $160k (9.2% of expenses). Other salaries and wages came to $874k. At year end it held assets of $4.7m against liabilities of $107k, net assets of $4.6m. It reported 57 employees.