Ice Hockey in Harlem Inc

Analysis

Ice Hockey in Harlem Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1990, 36 years ago. 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, Ice Hockey in Harlem Inc reported income of $606k and spending of $364k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $384k to $606k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ice Hockey in Harlem Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Region 10 Tribal Operations Committee Consortium ($606k), Laurelwood Academy Inc ($606k) and Casa of Rock County ($606k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $152k. At year end it held assets of $606k against liabilities of $13k, net assets of $593k. It reported 3 employees.