Minot Junior Golf Association Inc

Analysis

Minot Junior Golf Association Inc is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in September 2000, 26 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, Minot Junior Golf Association Inc reported income of $2.3m and spending of $1.3m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $769k to $2.3m (+194%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 54% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minot Junior Golf Association Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within ND. Charities of a similar size with the same main cause include Smith Memorial Playgrounds ($2.3m), Hudson River Community Sailing Inc ($2.3m) and Columbine-Lakewood Colorado Soccer Association ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $90k (7.2% of expenses). Other salaries and wages came to $91k. At year end it held assets of $8.0m against liabilities of $0, net assets of $8.0m. It reported 56 employees.