Chicago District Golf Association Foundation

Analysis

Chicago District Golf Association Foundation is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in October 1948, 78 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Chicago District Golf Association Foundation reported income of $1.6m and spending of $895k, leaving 45% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $1.7m to $1.6m (-3.2%), an average of -0.8% a year. The sharpest change came in the year to November 2023, when income rose by 47%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chicago District Golf Association Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include The Charitable Foundation of the ($1.6m), Portland Foundation ($1.6m) and One Armenia Inc ($1.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 79% and program service revenue 1.4% of the total. At year end it held assets of $5.6m against liabilities of $238k, net assets of $5.4m.