Jake Gittlen Memorial Golf Tournament

Analysis

Jake Gittlen Memorial Golf Tournament is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Jake Gittlen Memorial Golf Tournament reported income of $2.5m and spending of $1.5m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $2.5m (+588%), an average of +62% a year. The sharpest change came in the year to December 2020, when income rose by 497%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jake Gittlen Memorial Golf Tournament sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include American Glaucome Society Inc ($2.5m), Northern Dutchess Residential Health Care Facility ($2.5m) and United Cerebral Palsy Association Inc of Stanislaus County ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $6.8m against liabilities of $17k, net assets of $6.8m.