Golfers Charitable Association Inc

Analysis

Golfers Charitable Association Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Golfers Charitable Association Inc reported income of $108k and spending of $130k, spending 120% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $232k to $108k (-53%), an average of -14% a year. The sharpest change came in the year to December 2020, when income rose by 1937%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Golfers Charitable Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Tommy Corral Fund ($108k), Mandolin Foundation ($108k) and Crystal Meth Annonymous ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Other salaries and wages came to $4,160. At year end it held assets of $748k against liabilities of $16k, net assets of $732k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.