Mississippi Golf Association Inc

Analysis

Mississippi Golf Association Inc is a registered charity in United States, based in Pearl, MS. It received its IRS tax-exemption ruling in May 2013, 13 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 December 2023, Mississippi Golf Association Inc reported income of $688k and spending of $663k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $441k to $688k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mississippi Golf Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Volt Volleyball Inc ($688k), Daybreak Camp Inc ($688k) and Davidsonville Athletic Association Inc ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). Other salaries and wages came to $94k. At year end it held assets of $307k against liabilities of $88k, net assets of $219k. It reported 6 employees.