US Golf Tournament Inc

Analysis

US Golf Tournament Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in June 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 April 2024, US Golf Tournament Inc reported income of $121k and spending of $83k, leaving 31% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income fell from $127k to $121k (-5.0%), an average of -5.0% a year. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, US Golf Tournament Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OR. Charities of a similar size with the same main cause include Great Falls Lacrosse Association Inc ($121k), Horizon West Wolverines Youth Football & Cheer Inc ($121k) and Vista Girls Softball Inc ($121k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.