Janesville Hockey Club Inc

Analysis

Janesville Hockey Club Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in December 1970, 56 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 March 2024, Janesville Hockey Club Inc reported income of $306k and spending of $254k, spending 83% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $271k to $306k (+13%), an average of +2.5% a year. The sharpest change came in the year to March 2022, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Janesville Hockey Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Central Oak Heights Association ($306k), Helena Area Youth Hockey Association ($306k) and Nampa Kids in Developmental Soccer Inc ($306k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 69% of the total. At year end it held assets of $377k against liabilities of $3,789, net assets of $373k. It reported 4 employees.