Golf for Injured Veterans Everywhere Foundation

Analysis

Golf for Injured Veterans Everywhere Foundation is a registered charity in United States, based in Riverside, IA. It received its IRS tax-exemption ruling in December 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golf for Injured Veterans Everywhere Foundation reported income of $463k and spending of $396k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $463k (+145%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Golf for Injured Veterans Everywhere Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Dekalb County Fair Association Inc ($463k), Suffolk Youth Athletic Association Inc ($463k) and Fsyb&s Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $86k (22% of expenses). At year end it held assets of $562k against liabilities of $43k, net assets of $519k. It reported 1 employees.