Gary Koch Invitational Pro-Am Inc

Analysis

Gary Koch Invitational Pro-Am Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 2014, 12 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, Gary Koch Invitational Pro-Am Inc reported income of $301k and spending of $371k, spending 123% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $458k to $301k (-34%), an average of -8.0% a year. The sharpest change came in the year to December 2022, when income rose by 312%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gary Koch Invitational Pro-Am Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Etowah Touchdown Club ($301k), Melrose Youth Hockey Association Inc ($301k) and High School Rodeo Association of Wisconsin ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.