TFTSP Youth Golf Council St Petersburg Florida Inc

Analysis

TFTSP Youth Golf Council St Petersburg Florida Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in January 2010, 16 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, TFTSP Youth Golf Council St Petersburg Florida Inc reported income of $963k and spending of $897k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $628k to $963k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TFTSP Youth Golf Council St Petersburg Florida Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Collegiate Water Polo Association ($962k), Pelham Community Rowing Association Inc ($963k) and Los Gatos Rowing Club Inc ($961k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 17% of the total. Other salaries and wages came to $445k. At year end it held assets of $1.9m against liabilities of $93k, net assets of $1.9m. It reported 23 employees.