Topgolf Cares Inc

Analysis

Topgolf Cares Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Topgolf Cares Inc reported income of $388k and spending of $163k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $388k (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Topgolf Cares Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Olympia Family Theater ($388k), Suwannee Valley Youth Advocacy Partnership Inc ($388k) and Orleans After School Activites Program ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $694k against liabilities of $0, net assets of $694k.