National Black College Alumni Hall of Fame Foundation

Analysis

National Black College Alumni Hall of Fame Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Black College Alumni Hall of Fame Foundation reported income of $443k and spending of $277k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $443k (+177%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 111%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Black College Alumni Hall of Fame Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Brainerd Public Schools Foundation ($443k), Fort Thomas Education Foundation Inc ($443k) and Friends of Ps166 Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 137% of the total. Other salaries and wages came to $6,000. At year end it held assets of $643k against liabilities of $0, net assets of $643k. It reported 1 employees.