Touchstone Golf Foundation

Analysis

Touchstone Golf Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2009, 17 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, Touchstone Golf Foundation reported income of $326k and spending of $312k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $326k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Touchstone Golf Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Blue Knights Soccer Club ($326k), Golden Isles Leadership Foundation Inc ($326k) and Coral Springs Swim Club Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $18k (5.7% of expenses). At year end it held assets of $61k against liabilities of $0, net assets of $61k.