Olde Crabs Hockey Club Inc

Analysis

Olde Crabs Hockey Club Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Olde Crabs Hockey Club Inc reported income of $52k and spending of $56k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $99k to $52k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Olde Crabs Hockey Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Grand Caillou Volunteer Firemens Home Inc ($52k), Elder High School Fund Trust ($52k) and Tri-County Electric Charity Foundation Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.