Cinco de Mayo Golf Inc

Analysis

Cinco de Mayo Golf Inc is a registered charity in United States, based in Rutherford, CA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Cinco de Mayo Golf Inc reported income of $109k and spending of $82k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $178k to $109k (-39%), an average of -12% a year. The sharpest change came in the year to September 2022, when income rose by 155%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cinco de Mayo Golf Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Bud Okeefe Village Inc ($109k), Franciscan Brothers of Christ the King ($109k) and Homeless Task Force ($109k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $277k against liabilities of $6,235, net assets of $270k.