Iowa Golf Association Foundation

Analysis

Iowa Golf Association Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Iowa Golf Association Foundation reported income of $2.9m and spending of $137k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $2.9m (+1913%), an average of +112% a year. The sharpest change came in the year to December 2021, when income rose by 897%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iowa Golf Association Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include College of the Redwoods Foundation ($2.9m), Mesivta Nezer Hatorah Inc ($2.9m) and Life Time Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. At year end it held assets of $5.4m against liabilities of $325k, net assets of $5.1m.