Northern Nevada Youth Golf Foundation

Analysis

Northern Nevada Youth Golf Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in June 2001, 25 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, Northern Nevada Youth Golf Foundation reported income of $581k and spending of $459k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $581k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 368%. Over the whole period it spent 45% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northern Nevada Youth Golf Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NV. Charities of a similar size with the same main cause include On Target Outfitters ($581k), Hillsboro Swim Team ($581k) and Huron Area Wellness and Recreation Center Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $122k (27% of expenses). Other salaries and wages came to $125k. At year end it held assets of $2.7m against liabilities of $1,397, net assets of $2.7m. It reported 28 employees.