Oklahoma Golf Hall of Fame Foundation

Analysis

Oklahoma Golf Hall of Fame Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oklahoma Golf Hall of Fame Foundation reported income of $58k and spending of $63k, spending 108% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income grew from $42k to $58k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oklahoma Golf Hall of Fame Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within OK. Charities of a similar size with the same main cause include Hanover Junior Wildcats Inc ($58k), Houston Middle School Cheer Booster ($58k) and Chesapeake Bay Yacht Racing Association Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 219% of the total. At year end it held assets of $372k against liabilities of $0, net assets of $372k.