Garner Golf Course Foundation Inc

Analysis

Garner Golf Course Foundation Inc is a registered charity in United States, based in Garner, IA. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garner Golf Course Foundation Inc reported income of $330k and spending of $355k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $330k (+27%), an average of +6.3% a year. 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, Garner Golf Course Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Nutley Clifton Youth Ice Hockey Club Inc ($330k), Camp Ruggles Inc ($330k) and Adhl Hockey ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $59k. At year end it held assets of $96k against liabilities of $961, net assets of $95k. It reported 9 employees.