Alabama Sports Hall of Fame

Analysis

Alabama Sports Hall of Fame is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1969, 57 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 September 2023, Alabama Sports Hall of Fame reported income of $619k and spending of $643k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $568k to $619k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabama Sports Hall of Fame sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include Freeport Arts Center ($619k), Pakachoag Music School of Greater Worcester ($619k) and L-Alliance Francaise de Texas du Nord Inc ($619k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $130k (20% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 5 employees.