Green Valley Floyd Golf Corp

Analysis

Green Valley Floyd Golf Corp is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in June 1988, 38 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, Green Valley Floyd Golf Corp reported income of $1.5m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Green Valley Floyd Golf Corp sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Christian Motorsports International ($1.5m), New Hampshire Interscholastic Athletic Association Inc ($1.5m) and Crook County 4h and Ffa Livestock Sale Association Incorporated ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Compensation of current officers, directors and key employees was $5,000 (0.3% of expenses). Other salaries and wages came to $536k. At year end it held assets of $1.8m against liabilities of $267k, net assets of $1.5m. It reported 64 employees.