Collingswood Athletic Hall of Fame

Analysis

Collingswood Athletic Hall of Fame is a registered charity in United States, based in Collingswood, NJ. It received its IRS tax-exemption ruling in March 1992, 34 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, Collingswood Athletic Hall of Fame reported income of $86k and spending of $87k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $86k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Collingswood Athletic Hall of Fame sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Nantucket Arts Council Inc ($86k), Chamber Music Festival of Saugatuck Inc ($86k) and Frank M Hardy Trust Uw ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.