Gulf Coast Junior Golf Tour Inc

Analysis

Gulf Coast Junior Golf Tour Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in January 1995, 31 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, Gulf Coast Junior Golf Tour Inc reported income of $3.0m and spending of $612k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $536k to $3.0m (+464%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 32% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gulf Coast Junior Golf Tour Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Atlanta United Soccer Associaiton Inc ($3.0m), Tucson Trap and Skeet Club ($3.0m) and Road Runners Club of America Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 1.5% of the total. Other salaries and wages came to $322k. At year end it held assets of $7.0m against liabilities of $37k, net assets of $7.0m. It reported 7 employees.