Louisiana Sports Hall of Fame Foundation

Analysis

Louisiana Sports Hall of Fame Foundation is a registered charity in United States, based in Natchitoches, LA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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, Louisiana Sports Hall of Fame Foundation reported income of $800k and spending of $678k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $626k to $800k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Sports Hall of Fame Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Tiki Island Volunteer Firefighters Association ($800k), Fred Kennedy Associates Inc ($801k) and Mercy Care for the Adirondacks Inc ($800k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 50% of the total. Other salaries and wages came to $147k. At year end it held assets of $374k against liabilities of -$1,670, net assets of $376k. It reported 15 employees.