Rhode Island Golf Association

Analysis

Rhode Island Golf Association is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2016, 10 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 October 2023, Rhode Island Golf Association reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.1m to $1.3m (+21%), an average of +4.8% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rhode Island Golf Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within RI. Charities of a similar size with the same main cause include AFC Soccer Inc ($1.3m), International Jump Rope Union ($1.3m) and Northeast Florida Fair Association Inc ($1.3m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $152k (11% of expenses). Other salaries and wages came to $318k. At year end it held assets of $919k against liabilities of $127k, net assets of $792k. It reported 10 employees.