Newark Athletic Hall of Fame

Analysis

Newark Athletic Hall of Fame is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Newark Athletic Hall of Fame reported income of $84k and spending of $105k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $85k to $84k (-1.3%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 310%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Newark 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 32nd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Bulldog Athletic Booster Club ($84k), Union Campground Inc ($85k) and Columbus Youth Development Association ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.