Traverse City Junior Golf Association

Analysis

Traverse City Junior Golf Association is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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 December 2023, Traverse City Junior Golf Association reported income of $167k and spending of $137k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $167k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Traverse City Junior Golf Association sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Vigilant Fire Company ($167k), International Assembly of God ($167k) and Stageplays Theatre Company Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $30k (22% of expenses). Other salaries and wages came to $6,000. At year end it held assets of $261k against liabilities of $855, net assets of $260k. It reported 2 employees.