Toledo Youth Golf

Analysis

Toledo Youth Golf is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in January 2018, 8 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, Toledo Youth Golf reported income of $877k and spending of $787k, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $278k to $877k (+216%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 523%. Over the whole period it spent 38% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Toledo Youth Golf sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Alabama Youth Soccer Association ($877k), C35 Baseball ($877k) and World Team Sports ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $106k (13% of expenses). Other salaries and wages came to $166k. At year end it held assets of $6.4m against liabilities of $1.4m, net assets of $5.0m. It reported 17 employees.