Tee Off Fore Life Inc

Analysis

Tee Off Fore Life Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 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, Tee Off Fore Life Inc reported income of $6.0m and spending of $4.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $6.0m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tee Off Fore Life Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Expo Center of Taylor County ($6.0m), Amateur Trapshooting Association of America ($6.0m) and United Heroes League ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $329k (7.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $9.4m against liabilities of $1.1m, net assets of $8.3m. It reported 50 employees.