Pennridge Ice Hockey Club Inc

Analysis

Pennridge Ice Hockey Club Inc is a registered charity in United States, based in Perkasie, PA. It received its IRS tax-exemption ruling in June 2004, 22 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 April 2023, Pennridge Ice Hockey Club Inc reported income of $81k and spending of $97k, spending 120% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $70k to $81k (+15%), an average of +15% a year. The sharpest change came in the year to April 2023, when income rose by 15%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennridge Ice Hockey Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Spencer County Youth Baseball Association Inc ($81k), Greene County Outlaws Inc ($81k) and Dallas Football Officials Assn Inc ($81k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 9.2% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.