Hartford Golf Club Scholarship Foundation Inc

Analysis

Hartford Golf Club Scholarship Foundation Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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 October 2023, Hartford Golf Club Scholarship Foundation Inc reported income of $115k and spending of $116k, spending 100% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $98k to $115k (+17%), an average of +17% a year. The sharpest change came in the year to October 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartford Golf Club Scholarship Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Severna Park Middle School Music Boosters Inc ($115k), Citizen Opinion Inc ($115k) and De Pere Historical Society Inc ($115k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $272k against liabilities of $900, net assets of $272k.