Golf Association of Michigan Foundation Inc

Analysis

Golf Association of Michigan Foundation Inc is a registered charity in United States, based in Farmington Hills, MI. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Golf Association of Michigan Foundation Inc reported income of $322k and spending of $253k, leaving 21% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $282k to $322k (+14%), an average of +4.5% a year. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golf Association of Michigan Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Bridgeland High School Belles Booster Club ($322k), Palmetto State Literacy Association ($322k) and Mount Hope Christian Academy Inc ($322k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 77% and program service revenue 29% of the total. At year end it held assets of $697k against liabilities of $84k, net assets of $613k.