Palm Beach County Golf Association Inc

Analysis

Palm Beach County Golf Association Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, Palm Beach County Golf Association Inc reported income of $405k and spending of $354k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $405k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palm Beach County Golf Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Kat Vet Spay Neuter & Rescue ($405k), Washington Chinatown Development Company Inc ($405k) and Azorean Brotherhood of the Divine Holy Ghost ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $87k (25% of expenses). At year end it held assets of $267k against liabilities of $5,496, net assets of $261k.