Alabama Golf Charities Inc

Analysis

Alabama Golf Charities Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Alabama Golf Charities Inc reported income of $131k and spending of $114k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $131k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alabama Golf Charities Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Mobile Area Jewish Federation Inc ($131k), Tom and Ingeborg Nesset Foundation ($131k) and Jackson Clark Foundation Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.