Grand Rapids Sports Hall of Fame Ltd

Analysis

Grand Rapids Sports Hall of Fame Ltd is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Grand Rapids Sports Hall of Fame Ltd reported income of $59k and spending of $73k, spending 125% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $43k to $59k (+36%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Rapids Sports Hall of Fame Ltd sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Asheboro Randolph Chamber of Commerce Foundation Inc ($59k), Little League Baseball Inc ($59k) and American College of Physicians ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.