Jersey Shore Junior Golf Inc

Analysis

Jersey Shore Junior Golf Inc is a registered charity in United States, based in Pt Pleasant, NJ. It received its IRS tax-exemption ruling in June 2004, 22 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, Jersey Shore Junior Golf Inc reported income of $326k and spending of $337k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $326k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jersey Shore Junior Golf Inc 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 69th percentile within NJ. Charities of a similar size with the same main cause include Open Door Sports Inc ($326k), El Dorado Hills Youth Football & Cheer ($326k) and Dallas Independent Volleyball Association Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $83k (25% of expenses). Other salaries and wages came to $112k. At year end it held assets of $533k against liabilities of $14k, net assets of $519k. It reported 24 employees.