Illinois Professional Golfers Association Foundation Inc

Analysis

Illinois Professional Golfers Association Foundation Inc is a registered charity in United States, based in Golf, IL. It received its IRS tax-exemption ruling in April 2024, 2 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Illinois Professional Golfers Association Foundation Inc reported income of $960k and spending of $1.1m, spending 116% of what it took in. Across the 3 years on record, from March 2018 to March 2023, income grew from $513k to $960k (+87%), an average of +37% a year. The sharpest change came in the year to March 2023, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Illinois Professional Golfers Association Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Sierra State Parks Foundation ($960k), Water Sports Foundation Inc ($961k) and Amarillo Xtreme Volleyball ($960k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 85% and program service revenue 20% of the total. At year end it held assets of $2.3m against liabilities of $585k, net assets of $1.7m.