Rooneys Golf Foundation Inc

Analysis

Rooneys Golf Foundation Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rooneys Golf Foundation Inc reported income of $153k and spending of $156k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $153k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rooneys Golf Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Plainville Community Foundation Inc ($153k), Childrens Opportunity Group Inc ($153k) and First Baptist Church Foundation of Huntsville Alabama ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $2,076 against liabilities of $0, net assets of $2,076.