Iuoe Local 12 Charitable Golf Committee Inc

Analysis

Iuoe Local 12 Charitable Golf Committee Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, Iuoe Local 12 Charitable Golf Committee Inc reported income of $246k and spending of $270k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $246k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 76%. 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, Iuoe Local 12 Charitable Golf Committee Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Ocean State Charity Events Inc ($246k), American Friends of Tffat Inc ($246k) and Flint Diaper Bank Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.