Friends of The@glencoe Golf Club

Analysis

Friends of The@glencoe Golf Club is a registered charity in United States, based in Glencoe, IL. It received its IRS tax-exemption ruling in May 2019, 7 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, Friends of The@glencoe Golf Club reported income of $86k and spending of $72k, spending 84% of its income. Across the 3 years on record, from April 2021 to December 2023, income grew from $5,000 to $86k (+1616%), an average of +314% a year. The sharpest change came in the year to December 2022, when income rose by 3307%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of The@glencoe Golf Club sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Weymouth Sportsmens Club Incorporated ($86k), Spearfish American Legion Baseball Inc ($86k) and Pikes Peak Pickleball Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $275k against liabilities of $0, net assets of $275k.