Georgia Sports Hall of Fame Foundation Inc

Analysis

Georgia Sports Hall of Fame Foundation Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Georgia Sports Hall of Fame Foundation Inc reported income of $670k and spending of $865k, spending 129% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $558k to $670k (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Sports Hall of Fame Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include National Fresh Water Fishing Hall of Fame Inc ($670k), Family Records Inc ($670k) and Riverside the Farnsley-Moremen Landing Inc ($669k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 20% of the total. Other salaries and wages came to $263k. At year end it held assets of $736k against liabilities of $201k, net assets of $535k. It reported 9 employees.