Gulf States Pga Golf Foundation Inc

Analysis

Gulf States Pga Golf Foundation Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Gulf States Pga Golf Foundation Inc reported income of $153k and spending of $169k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $153k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gulf States Pga Golf Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within LA. Charities of a similar size with the same main cause include Open Architecture Collaborative Inc ($153k), Englewood Community Coalition Inc ($153k) and Capitol Station Associates ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $112k against liabilities of $31k, net assets of $82k.