Friends of Howard University Golf

Analysis

Friends of Howard University Golf is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2021, 5 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 July 2024, Friends of Howard University Golf reported income of $268k and spending of $100k, leaving 62% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $195k to $268k (+38%), an average of +17% a year. The sharpest change came in the year to July 2024, when income rose by 175%. Over the whole period it spent 60% 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 Howard University Golf sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Amity Township Athletic Club Inc ($268k), North Cobb Touchdown Club Inc ($268k) and Global Sports Alliance Inc ($268k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.