Shawnee Ice Hockey Club Inc

Analysis

Shawnee Ice Hockey Club Inc is a registered charity in United States, based in Medford, NJ. It received its IRS tax-exemption ruling in December 1996, 30 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, Shawnee Ice Hockey Club Inc reported income of $55k and spending of $55k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $53k to $55k (+3.4%), an average of +1.7% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shawnee Ice Hockey Club Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Silsbee Junior Football League ($55k), Suffolk County Tennis and Education Foundation Inc ($55k) and Kai Elua Outrigger Canoe Club ($55k).

At year end it held assets of $24k against liabilities of $0, net assets of $24k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.