Atlantic Hockey America Inc

Analysis

Atlantic Hockey America Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2006, 20 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 June 2024, Atlantic Hockey America Inc reported income of $1.2m and spending of $954k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.2m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atlantic Hockey America Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Fairfield Sports Association Inc ($1.2m), Camp Highlands for Boys Foundation Inc ($1.2m) and Whitpain Recreation Assn ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $148k (15% of expenses). Other salaries and wages came to $106k. At year end it held assets of $751k against liabilities of $39k, net assets of $712k. It reported 4 employees.