Golf Fore Fun Inc

Analysis

Golf Fore Fun Inc is a registered charity in United States, based in Clemmons, NC. 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 2023, Golf Fore Fun Inc reported income of $934k and spending of $467k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $934k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golf Fore Fun Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Vermont Mountain Bike Advocate Inc ($934k), Putnam County Fair Inc ($935k) and Treasure Coast Sports Commission Inc ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $135k (29% of expenses). Other salaries and wages came to $172k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 5 employees.