National Black Golf Hall of Fame Inc

Analysis

National Black Golf Hall of Fame Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, National Black Golf Hall of Fame Inc reported income of $86k and spending of $96k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $117k to $86k (-27%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, National Black Golf 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 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include American Youth Football Inc ($86k), Fox River Bandits Baseball Club Inc ($86k) and Richmond County Fair Association Inc ($86k).

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 $27k against liabilities of $0, net assets of $27k.