Shelter Island Municipal Golf Course Inc

Analysis

Shelter Island Municipal Golf Course Inc is a registered charity in United States, based in Shelter Is HT, NY. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shelter Island Municipal Golf Course Inc reported income of $296k and spending of $285k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $311k to $296k (-5.0%), an average of -1.7% a year. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shelter Island Municipal Golf Course Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include East County Youth Football ($296k), Lady Hustle Fastpitch ($296k) and Jacksonville Beach Baseball Association Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 51% of the total. At year end it held assets of $232k against liabilities of $8,179, net assets of $224k. It reported 1 employees.