Piney Woods Golf Youth and Development Foundation

Analysis

Piney Woods Golf Youth and Development Foundation is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in January 2005, 21 years ago. 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, Piney Woods Golf Youth and Development Foundation reported income of $175k and spending of $166k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $175k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Piney Woods Golf Youth and Development Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Bridge Adaptive Sports & Recreation ($175k), Denton Benefit League ($175k) and Shirley & Stefan Hatos Neuroscience Research Foundation ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $46k (28% of expenses). Other salaries and wages came to $46k. At year end it held assets of $500k against liabilities of $1,334, net assets of $499k. It reported 4 employees.