Roanoke Valley Golf Hall of Fame

Analysis

Roanoke Valley Golf Hall of Fame is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in October 2024, 2 years ago. 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 December 2022, Roanoke Valley Golf Hall of Fame reported income of $115k and spending of $93k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $127k to $115k (-9.1%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roanoke Valley Golf Hall of Fame 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 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include We Care Foundation ($115k), Road Runners Club of America ($115k) and Burleson Big Red Booster Club ($115k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.