Golf Brevard Inc

Analysis

Golf Brevard Inc is a registered charity in United States, based in Melbourne Beach, FL. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 September 2023, Golf Brevard Inc reported income of $3.9m and spending of $3.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $2.4m to $3.9m (+65%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golf Brevard Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include World Senior Games Inc ($3.9m), Holly Grove Christian School Inc ($4.0m) and Anew Building Beyond Violence & Abuse ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $179k (5.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.9m against liabilities of $2.4m, net assets of $2.4m. It reported 105 employees.