Greater Wilmington Sports Hall of Fame Inc

Analysis

Greater Wilmington Sports Hall of Fame Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Greater Wilmington Sports Hall of Fame Inc reported income of $97k and spending of $113k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $97k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Wilmington Sports Hall of Fame Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Indian Association of the Space Coast Inc ($97k), Oakes Ames Memorial Hall Association ($97k) and Musicians of Maalwyck Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.