Alabama Golf Association Inc
Analysis
Alabama Golf Association Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in August 1981, 45 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 2022, Alabama Golf Association Inc reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $918k to $1.4m (+53%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 89% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alabama Golf Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within AL. Charities of a similar size with the same main cause include Pacesetter Soccer Club ($1.4m), Madison Festivals Inc ($1.4m) and Relentless Volleyball Club Inc ($1.4m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $143k (11% of expenses). Other salaries and wages came to $344k. At year end it held assets of $1.8m against liabilities of $47k, net assets of $1.8m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pacesetter Soccer Club | Toledo | $1.4m |
| Madison Festivals Inc | Madison | $1.4m |
| Relentless Volleyball Club Inc | Aurora | $1.4m |
| Cascade Boosters Club Incorporated | Seattle | $1.4m |