Gator Bowl Association Inc

Analysis

Gator Bowl Association Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1989, 37 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 March 2023, Gator Bowl Association Inc reported income of $12.6m and spending of $9.6m, leaving 24% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $8.8m to $12.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to March 2023, when income rose by 92%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gator Bowl Association Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include The Florida State Golf Association Inc ($12.6m), Century Club Charities Inc ($12.6m) and Fort Mason Center ($12.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $640k (6.7% of expenses). Other salaries and wages came to $346k. At year end it held assets of $11.5m against liabilities of $3.2m, net assets of $8.3m. It reported 17 employees.