Grosse Iie Hockey Association Inc

Analysis

Grosse Iie Hockey Association Inc is a registered charity in United States, based in Grosse Ile, MI. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Grosse Iie Hockey Association Inc reported income of $301k and spending of $309k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $244k to $301k (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grosse Iie Hockey Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Loveland Swim Club Inc ($301k), FC England ($301k) and Top Tier South Inc ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.7% and program service revenue 81% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.