Comedy Hall of Fame Foundation

Analysis

Comedy Hall of Fame Foundation is a registered charity in United States, based in Glen Head, NY. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Comedy Hall of Fame Foundation reported income of $79k and spending of $73k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $79k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Comedy Hall of Fame Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include 100 Who Care Inc ($79k), South Burlington Rotary Charities Inc ($79k) and Slidell Heritage Festival Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $109k against liabilities of $842, net assets of $108k.