Maryland State Golf Association
Analysis
Maryland State Golf Association is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Maryland State Golf Association reported income of $2.3m and spending of $1.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.3m (+95%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 87% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Maryland State Golf Association sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Tredyffrin-Easttown Youth Soccer Association Inc ($2.3m), Bike Works Seattle ($2.3m) and Gcl&fa Inc ($2.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $137k (7.5% of expenses). Other salaries and wages came to $214k. At year end it held assets of $2.0m against liabilities of $21k, net assets of $2.0m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.5%
- Program services 72%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tredyffrin-Easttown Youth Soccer Association Inc | Devon | $2.3m |
| Bike Works Seattle | Seattle | $2.3m |
| Gcl&fa Inc | Lawrenceville | $2.3m |
| Angel Flight East | Blue Bell | $2.3m |