Dade Amateur Golf Association Inc

Analysis

Dade Amateur Golf Association Inc is a registered charity in United States, based in Miami Lakes, FL. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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, Dade Amateur Golf Association Inc reported income of $2.1m and spending of $1.2m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.1m (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dade Amateur Golf Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include North Carolina Arts Foundation ($2.1m), Suzuki School of Newton Inc ($2.1m) and Network of Schools of Public Policy Affairs and Administration ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $12k (1.0% of expenses). Other salaries and wages came to $334k. At year end it held assets of $2.7m against liabilities of $1.7m, net assets of $950k. It reported 15 employees.