Association of Golf Merchandisers

Analysis

Association of Golf Merchandisers is a registered charity in United States, based in Rocklin, CA. It received its IRS tax-exemption ruling in December 1998, 28 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Golf Merchandisers reported income of $561k and spending of $576k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $561k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Golf Merchandisers sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Jefferson County Community Partnership Inc ($561k), My Sisters Charities ($562k) and Motorcities National Heritage Area Partnership Incorporated ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $93k (16% of expenses). Other salaries and wages came to $171k. At year end it held assets of $339k against liabilities of $80k, net assets of $259k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.