Rice Lake Hockey Association Inc

Analysis

Rice Lake Hockey Association Inc is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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 April 2024, Rice Lake Hockey Association Inc reported income of $272k and spending of $194k, leaving 29% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $479k to $272k (-43%), an average of -13% a year. The sharpest change came in the year to April 2021, when income dropped by 61%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rice Lake Hockey Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include St Johns Three ($272k), American Sokol Organization-Sokol Fort Worth ($272k) and Spring Brook Volunteer Fire Company Inc ($272k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 8.5% and program service revenue 66% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m. It reported 6 employees.