Kulm Golf Course

Analysis

Kulm Golf Course is a registered charity in United States, based in Kulm, ND. It received its IRS tax-exemption ruling in May 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kulm Golf Course reported income of $163k and spending of $107k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $163k (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kulm Golf Course sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 41st percentile within ND. Charities of a similar size with the same main cause include East Sacramento Youth Soccer Club ($163k), Missouri Ice Hockey Officials Association ($163k) and Radnor Girls Crew Club ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $28k (26% of expenses). Other salaries and wages came to $9,792. At year end it held assets of $455k against liabilities of $957, net assets of $454k. It reported 5 employees.