Blue Ridge Youth Golf Foundation Inc

Analysis

Blue Ridge Youth Golf Foundation Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in January 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, Blue Ridge Youth Golf Foundation Inc reported income of $498k and spending of $387k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $498k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blue Ridge Youth Golf Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include California Fitness Fun Inc ($498k), Oak Mountain Youth Baseball & Softball Association Inc ($498k) and Osseo-Maple Grove Athletic Association ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $95k (25% of expenses). Other salaries and wages came to $162k. At year end it held assets of $690k against liabilities of $4,304, net assets of $685k. It reported 7 employees.