Philadelphia Sports Hall of Fame Foundation

Analysis

Philadelphia Sports Hall of Fame Foundation is a registered charity in United States, based in Wyncote, PA. It received its IRS tax-exemption ruling in April 2003, 23 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, Philadelphia Sports Hall of Fame Foundation reported income of $74k and spending of $81k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $74k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Philadelphia Sports Hall of Fame Foundation sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Washington Soccer Federation Inc ($74k), Delaware Township Athletic Assoc ($74k) and The 20 20 Youth Nonprofit Organization ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $147k against liabilities of $19k, net assets of $128k.