Spirit Golf Association
Analysis
Spirit Golf Association is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in March 2000, 26 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, Spirit Golf Association reported income of $9.4m and spending of $7.7m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.5m to $9.4m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 98% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spirit Golf Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include J F Shea Therapeutic Riding Center Inc ($9.4m), California Interscholastic Federation ($9.5m) and Gospel Volunteers Inc ($9.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $289k (3.7% of expenses). Other salaries and wages came to $152k. At year end it held assets of $13.6m against liabilities of $11.3m, net assets of $2.3m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| J F Shea Therapeutic Riding Center Inc | San Juan Capo | $9.4m |
| California Interscholastic Federation | Sacramento | $9.5m |
| Gospel Volunteers Inc | Speculator | $9.4m |
| Bell County Expo Inc | Belton | $9.5m |