Colorado Golf Foundation

Analysis

Colorado Golf Foundation is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in July 2014, 12 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, Colorado Golf Foundation reported income of $1.0m and spending of $520k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $305k to $1.0m (+244%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Golf Foundation 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 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include North Texas Region-Usa Volleyball ($1.0m), Cuyahoga Valley Youth Organization Inc ($1.0m) and Candlelight Ranch Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.