Golf Charitable Foundation of Greater Des Moines

Analysis

Golf Charitable Foundation of Greater Des Moines is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in January 2017, 9 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Golf Charitable Foundation of Greater Des Moines reported income of $13.7m and spending of $13.6m, spending 100% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $11.4m to $13.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to July 2021, when income rose by 63%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Golf Charitable Foundation of Greater Des Moines 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 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Center for Effective Philanthropy Inc ($13.7m), The Fuller Foundation ($13.7m) and The Good Nation Foundation Inc ($13.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $1.0m.