William C Blackmon Athletic Memorial Foundation

Analysis

William C Blackmon Athletic Memorial Foundation is a registered charity in United States, based in Newberry, SC. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, William C Blackmon Athletic Memorial Foundation reported income of $56k and spending of $32k, leaving 43% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $36k to $56k (+57%), an average of +57% a year. The sharpest change came in the year to July 2024, when income rose by 57%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, William C Blackmon Athletic Memorial Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within SC. Charities of a similar size with the same main cause include Little Elm Cricket Association ($56k), Mililani Volleyball Club ($56k) and Northwest Baseball Association ($56k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $88k against liabilities of $3,500, net assets of $85k.