Babbitt Golf Association

Analysis

Babbitt Golf Association is a registered charity in United States, based in Babbitt, MN. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2023, Babbitt Golf Association reported income of $135k and spending of $125k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $135k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Babbitt Golf Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Washington County Star Trail Assoc ($135k), West Virginia Interstate Fair and Exposition Inc ($135k) and Little League Baseball Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 27% of the total. Other salaries and wages came to $54k. At year end it held assets of $51k against liabilities of $0, net assets of $51k. It reported 6 employees.