Golden Gate Park Golf Development Foundation

Analysis

Golden Gate Park Golf Development Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Golden Gate Park Golf Development Foundation reported income of $2.0m and spending of $707k, leaving 64% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $728k to $2.0m (+172%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 70% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Golden Gate Park Golf Development Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Off the Street Club ($2.0m), Madraigos Inc ($2.0m) and Youth with a Mission Lancaster ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Other salaries and wages came to $154k. At year end it held assets of $2.4m against liabilities of $57k, net assets of $2.3m.