PGA Tour First Tee Foundation Inc
1 PGA Tour Blvd, Ponte Vedra, FL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $34,230,410 | $32,650,601 | $119,709,079 |
| FY2023 | $28,512,084 | $30,771,210 | $113,150,563 |
| FY2022 | $31,986,597 | $34,177,729 | $113,463,148 |
| FY2021 | $69,880,814 | $31,347,492 | $126,478,337 |
| FY2020 | $96,357,278 | $20,886,398 | $83,843,086 |
| FY2019 | $0 | $0 | $0 |
Form 990 filings
The returns filed by PGA Tour First Tee Foundation Inc (EIN 83-4186070), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $28,859,087 | 84% |
| Program service revenue | $1,248,240 | 4% |
| Other revenue | $4,123,083 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $24,398,114 | 75% |
| Management & general | $4,538,880 | 14% |
| Fundraising | $3,713,607 | 11% |
What the numbers show
- Contributions & grants made up 84% of total revenue in FY2024.
- Program services accounted for 75% of functional expenses, management & general 14%, and fundraising 11%.
- 75% of functional expenses went to program services in FY2024. That is higher than 20.3% of 222 Recreation & Sports organizations nationwide (too few in FL for a state comparison).
- Net assets covered about 44 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 1217 Recreation & Sports organizations in FL.
- Total revenue was higher than 99.4% of 1242 Recreation & Sports organizations in FL.
- Total revenue rose from $0 in FY2019 to $34,230,410 in FY2024. Revenue increased in 2 and decreased in 3 of 5 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 6 reported years (FY2022, FY2023).
- The highest revenue on record here is $96,357,278 in FY2020.
- Net assets grew from $0 to $119,709,079 between FY2019 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
To impact the lives of young people by providing educational programs that build character and instill life- enhancing values through the game of golf.
IRS status
| Ruling year | 2019 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | N6A — Recreation & Sports (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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