Golden State Golf Tour Association

Analysis

Golden State Golf Tour Association is a registered charity in United States, based in Fallbrook, CA. It received its IRS tax-exemption ruling in August 2008, 18 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, Golden State Golf Tour Association reported income of $2.2m and spending of $2.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $955k to $2.2m (+129%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golden State Golf Tour Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Legacy Parks Foundation ($2.2m), Volunteers for Outdoor Colorado Inc ($2.2m) and Moorhead Youth Hockey Assn ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $106k (4.6% of expenses). At year end it held assets of $168k against liabilities of $178k, net assets of -$10k.