Kentucky Golf Association Inc

Analysis

Kentucky Golf Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Kentucky Golf Association Inc reported income of $1.1m and spending of $1.0m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $740k to $1.1m (+43%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kentucky Golf Association Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Noma Parks Foundation ($1.1m), Burke Athletic Club Inc ($1.1m) and Wendy Hilliard Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. At year end it held assets of $243k against liabilities of $52k, net assets of $191k.