The New Jersey State Golf Association Youth Foundation Inc

Analysis

The New Jersey State Golf Association Youth Foundation Inc is a registered charity in United States, based in Kenilworth, NJ. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The New Jersey State Golf Association Youth Foundation Inc reported income of $127k and spending of $93k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $127k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The New Jersey State Golf Association Youth Foundation Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Theta Omega Inc ($127k), Garner Athletic Association ($127k) and Torchbearers ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $142k against liabilities of $26k, net assets of $115k.