Highland Golf and Country Club Foundation Inc

Analysis

Highland Golf and Country Club Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Highland Golf and Country Club Foundation Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $29k to $2.3m (+7857%), an average of +792% a year. The sharpest change came in the year to March 2023, when income rose by 1011%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Highland Golf and Country Club Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Sozo Impact Inc ($2.3m), Newberry Opera House Foundation Inc ($2.3m) and Institute for the Advancement of Food and Nutrition Sciences ($2.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.