Homewood Athletic Foundation Inc

Analysis

Homewood Athletic Foundation Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2015, 11 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, Homewood Athletic Foundation Inc reported income of $96k and spending of $137k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $96k (-6.9%), an average of -6.9% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Homewood Athletic Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Broward Navy Days Inc ($96k), Middle Country Sports Association Inc ($96k) and Plattsburgh Youth Hockey Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.1% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.