Kings Ice Hockey Club

Analysis

Kings Ice Hockey Club is a registered charity in United States, based in Uwchland, PA. It received its IRS tax-exemption ruling in March 2017, 9 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 December 2023, Kings Ice Hockey Club reported income of $412k and spending of $450k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $387k to $412k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kings Ice Hockey Club sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Charlottesville Track Club Inc ($412k), Howland Tiger Booster Club Inc ($412k) and Bridgeport Youth Lacrosse ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $9,242 (2.1% of expenses). At year end it held assets of $310k against liabilities of $176k, net assets of $134k.