Golf History of Colorado Foundation

Analysis

Golf History of Colorado Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Golf History of Colorado Foundation reported income of $780k and spending of $526k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $970k to $780k (-20%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 240%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golf History of Colorado Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Interactive Neighborhood for Kids Inc ($779k), Concord Independent Foundation Inc ($780k) and The Bosque Arts Center ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $36k (6.9% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.