Hudson Valley Golf Foundation

Analysis

Hudson Valley Golf Foundation is a registered charity in United States, based in Cornwall, NY. It received its IRS tax-exemption ruling in May 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 (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, Hudson Valley Golf Foundation reported income of $212k and spending of $636k, spending 300% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $212k (-89%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 55% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hudson Valley Golf Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Acceleration Volleyball ($212k), West Catholic Athletic League ($212k) and Central Florida Ridge Soccer Officials Association Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $168k. It paid $25k in professional fundraising fees. At year end it held assets of $12.0m against liabilities of $10.5m, net assets of $1.5m. It reported 8 employees.