Indian River Golf Foundation Inc

Analysis

Indian River Golf Foundation Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in February 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 (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, Indian River Golf Foundation Inc reported income of $209k and spending of $194k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $209k (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indian River Golf Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Mountain View Lions Foundation ($209k), Little League Baseball Inc ($209k) and The Tenafly League for Soccer and Youth Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 29% of the total. Other salaries and wages came to $42k. At year end it held assets of $173k against liabilities of $1,200, net assets of $171k. It reported 1 employees.