Atlantic Golf Club Educational Fund Inc

Analysis

Atlantic Golf Club Educational Fund Inc is a registered charity in United States, based in Bridgehampton, NY. It received its IRS tax-exemption ruling in July 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 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, Atlantic Golf Club Educational Fund Inc reported income of $475k and spending of $352k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $786k to $475k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Atlantic Golf Club Educational Fund Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include United Way of Freeborn County Inc ($475k), Arc Northern Chesapeake Region Foundation Inc ($475k) and Lily of the Valley AIDS Foundation ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.