Tennessee Sports Hall of Fame Inc

Analysis

Tennessee Sports Hall of Fame Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tennessee Sports Hall of Fame Inc reported income of $418k and spending of $333k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $225k to $418k (+86%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Sports Hall of Fame Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Heidelberg Theological Seminary ($418k), Electric Distribution Exchange Conference Host Committee Inc ($418k) and Association of Camp Nursing Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $99k (30% of expenses). At year end it held assets of $703k against liabilities of $65k, net assets of $638k. It reported 1 employees.