Colfax Golf Course Foundation

Analysis

Colfax Golf Course Foundation is a registered charity in United States, based in Colfax, WA. It received its IRS tax-exemption ruling in March 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, Colfax Golf Course Foundation reported income of $144k and spending of $229k, spending 159% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $214k to $144k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 137% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colfax Golf Course Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Lake Lanier Rowing Club Inc ($144k), Washington Junior Football League ($144k) and Claiborne County Fair Association ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.