Connecticut State Golf Association Inc

Analysis

Connecticut State Golf Association Inc is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in September 2018, 8 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, Connecticut State Golf Association Inc reported income of $2.4m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.6m to $2.4m (+52%), an average of +11% a year. The sharpest change came in the year to October 2023, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Connecticut State Golf Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include West Nashville Sports League Inc ($2.4m), Bridger Ski Foundation ($2.4m) and Triangle Golf Foundation Inc ($2.4m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $142k (7.2% of expenses). Other salaries and wages came to $518k. At year end it held assets of $2.5m against liabilities of $227k, net assets of $2.3m. It reported 12 employees.