Syracuse Youth Golf Inc

Analysis

Syracuse Youth Golf Inc is a registered charity in United States, based in Jamesville, NY. It received its IRS tax-exemption ruling in January 2008, 18 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 (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, Syracuse Youth Golf Inc reported income of $653k and spending of $499k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $653k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Syracuse Youth Golf Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Hoosier Wrestling Inc ($653k), Southwest Michigan Skating Club ($654k) and Granite Curling Club of Seattlegr ($652k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $109k (22% of expenses). Other salaries and wages came to $122k. At year end it held assets of $1.7m against liabilities of $38k, net assets of $1.6m. It reported 59 employees.