Terra Cotta Golf Charities Inc

Analysis

Terra Cotta Golf Charities Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in February 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Terra Cotta Golf Charities Inc reported income of $127k and spending of $143k, spending 112% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $140k to $127k (-9.0%), an average of -9.0% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Terra Cotta Golf Charities Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Cougar Summer Baseball ($127k), Wyco 307 ($127k) and Coyote Club ($127k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $5,059 against liabilities of $0, net assets of $5,059.