Cranford Hockey Club Inc

Analysis

Cranford Hockey Club Inc is a registered charity in United States, based in Cranford, NJ. It received its IRS tax-exemption ruling in October 2016, 10 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 March 2022, Cranford Hockey Club Inc reported income of $618k and spending of $553k, spending 89% of its income. Across the 4 years on record, from March 2019 to March 2022, income grew from $489k to $618k (+26%), an average of +8.1% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cranford Hockey Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Geneva Hills Group Inc ($618k), East Hills Recreation Commission ($618k) and Scarc Guardianship Services Inc ($617k).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.