Beulah Municipal Golf Club

Analysis

Beulah Municipal Golf Club is a registered charity in United States, based in Beulah, ND. It received its IRS tax-exemption ruling in February 1954, 72 years ago. 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, Beulah Municipal Golf Club reported income of $370k and spending of $378k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $370k (+117%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beulah Municipal Golf Club sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within ND. Charities of a similar size with the same main cause include Flok Health ($370k), Indiana Association for Career and Technical Education Inc ($370k) and Weber Human Services Foundation ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $29k (7.8% of expenses). Other salaries and wages came to $158k. At year end it held assets of $361k against liabilities of $402k, net assets of -$41k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.