Gorham Ice Hockey Boosters Association Inc

Analysis

Gorham Ice Hockey Boosters Association Inc is a registered charity in United States, based in Gorham, ME. It received its IRS tax-exemption ruling in November 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Gorham Ice Hockey Boosters Association Inc reported income of $86k and spending of $87k, spending 100% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $78k to $86k (+11%), an average of +11% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gorham Ice Hockey Boosters Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 26th percentile within ME. Charities of a similar size with the same main cause include Marble Falls Inclusive Play Group ($86k), Benicia Wolfpack Baseball Inc ($86k) and Friends of Aztalan State Park Inc ($86k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.