Golf Association of Philadelphia Foundation

Analysis

Golf Association of Philadelphia Foundation is a registered charity in United States, based in Broomall, PA. It received its IRS tax-exemption ruling in October 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Golf Association of Philadelphia Foundation reported income of $276k and spending of $55k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $28k to $276k (+884%), an average of +214% a year. The sharpest change came in the year to December 2021, when income rose by 1503%. Over the whole period it spent 117% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golf Association of Philadelphia Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Legion Community Foundation ($276k), Ohio Dawgz Inc ($276k) and Chippewa County Fair Association ($276k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.1m against liabilities of $1,604, net assets of $2.1m.