Golf Fights Cancer Inc

Analysis

Golf Fights Cancer Inc is a registered charity in United States, based in Norton, MA. It received its IRS tax-exemption ruling in June 2005, 21 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, Golf Fights Cancer Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Golf Fights Cancer Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include California Tax Education Council ($2.0m), Alexander M and June L Maisin Foundation ($2.0m) and Cornerstone Charitable Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $153k (7.5% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $298k, net assets of $775k. It reported 3 employees.