Utah Golf Foundation

Analysis

Utah Golf Foundation is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in October 1989, 37 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 October 2023, Utah Golf Foundation reported income of $286k and spending of $222k, leaving 22% of income unspent that year. Across the 4 years on record, from October 2020 to October 2023, income grew from $233k to $286k (+23%), an average of +7.1% a year. The sharpest change came in the year to October 2021, when income rose by 30%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Utah Golf Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within UT. Charities of a similar size with the same main cause include Glencoe Regional Health Services Foundation Inc ($286k), Friends for Survival ($286k) and PTA California Congress of Parents Teachers & Students Inc ($286k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $436k against liabilities of $12k, net assets of $424k.