South Florida Prof Golf Assoc Charitable Foundation

Analysis

South Florida Prof Golf Assoc Charitable Foundation is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, South Florida Prof Golf Assoc Charitable Foundation reported income of $1.5m and spending of $964k, leaving 37% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $698k to $1.5m (+119%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Florida Prof Golf Assoc Charitable 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 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Puerto Rico ($1.5m), United Way of Cumberland County Inc ($1.5m) and University of the Andes Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 56% of the total. At year end it held assets of $2.2m against liabilities of $288k, net assets of $1.9m.