Twin Cities Junior Golf Program

Analysis

Twin Cities Junior Golf Program is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in March 2004, 22 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, Twin Cities Junior Golf Program reported income of $2.8m and spending of $910k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $2.8m (+1116%), an average of +87% a year. The sharpest change came in the year to December 2021, when income rose by 493%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Twin Cities Junior Golf Program 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 88th percentile within MN. Charities of a similar size with the same main cause include Fall for Greenville Inc ($2.8m), Illinois Youth Soccer Assocn Inc ($2.8m) and Arizona Arsenal Soccer Club ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $338k (37% of expenses). Other salaries and wages came to $303k. At year end it held assets of $3.6m against liabilities of $44k, net assets of $3.5m. It reported 42 employees.