Rhode Island Hockey Hall of Fame

Analysis

Rhode Island Hockey Hall of Fame is a registered charity in United States, based in Cumberland, RI. It received its IRS tax-exemption ruling in November 2017, 9 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, Rhode Island Hockey Hall of Fame reported income of $78k and spending of $41k, leaving 47% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $51k to $78k (+52%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rhode Island Hockey Hall of Fame sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within RI. Charities of a similar size with the same main cause include Hamburg Area Historical Society Inc ($78k), Howard County Poetry & Literary Society ($78k) and Get in the Act Arts in Action Inc ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 29% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.