Hall of Fame Foundation Inc

Analysis

Hall of Fame Foundation Inc is a registered charity in United States, based in N Myrtle BCH, SC. It received its IRS tax-exemption ruling in May 1999, 27 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, Hall of Fame Foundation Inc reported income of $82k and spending of $53k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $82k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hall of Fame Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Caraway Foundation ($82k), Galva-Holstein Community School District Foundation ($82k) and Grosse Pointe Woods Foundation ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $520k against liabilities of $0, net assets of $520k.