American Golf Foundation

Analysis

American Golf Foundation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, American Golf Foundation reported income of $493k and spending of $482k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $499k to $493k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Golf Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Hispanic Management Organization Inc ($493k), Sustainable Business Network of Massachusetts Inc ($493k) and Brodys Be Cafe LLC ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (12% of expenses). At year end it held assets of $114k against liabilities of $200k, net assets of -$86k.