Utica Jr Comets Hockey Club Inc

Analysis

Utica Jr Comets Hockey Club Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in March 2015, 11 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 April 2024, Utica Jr Comets Hockey Club Inc reported income of $331k and spending of $365k, spending 110% of what it took in. Across the 3 years on record, from April 2022 to April 2024, income grew from $247k to $331k (+34%), an average of +16% a year. The sharpest change came in the year to April 2023, when income rose by 64%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utica Jr Comets Hockey Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Swift Youth Foundation ($330k), Fishers Hse Youth Baseball-Softball League Inc ($331k) and Brooks Area Recreation Inc ($330k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.