Ridgewood Ice Hockey Foundation Inc

Analysis

Ridgewood Ice Hockey Foundation Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in June 2001, 25 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, Ridgewood Ice Hockey Foundation Inc reported income of $74k and spending of $69k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $67k to $74k (+10%), an average of +10% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ridgewood Ice Hockey Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Danny Juarez Memorial Baseball Foundation ($74k), Camp Rising Sun ($74k) and Indiana Area Soccer Boosters ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 76% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.