Springs Golf Course

Analysis

Springs Golf Course is a registered charity in United States, based in Gwinner, ND. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Springs Golf Course reported income of $693k and spending of $716k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $693k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Springs Golf Course sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within ND. Charities of a similar size with the same main cause include Life Ring Foundation ($693k), Ieladeinu Inc ($694k) and Library Foundation of Kanawha County Inc ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $204k. At year end it held assets of $1.6m against liabilities of $10k, net assets of $1.6m. It reported 28 employees.