Indiana Golf Foundation Inc

Analysis

Indiana Golf Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 2002, 24 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, Indiana Golf Foundation Inc reported income of $2.8m and spending of $1.8m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.8m (+133%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana Golf Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Alamo City Storm Soccer Club ($2.8m), Girlstart ($2.8m) and International Peace Garden Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Other salaries and wages came to $703k. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.