New Orleans Junior Golf Foundation

Analysis

New Orleans Junior Golf Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2005, 21 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, New Orleans Junior Golf Foundation reported income of $474k and spending of $450k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $589k to $474k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Orleans Junior Golf Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Roswell-Chaves County Economic Development Foundation ($474k), Eagles Athletic Association ($474k) and Minneapolis Rowing Club ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $99k (22% of expenses). Other salaries and wages came to $162k. At year end it held assets of $446k against liabilities of $51k, net assets of $395k. It reported 32 employees.