Arvada Hockey Association

Analysis

Arvada Hockey Association is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in August 1971, 55 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 March 2024, Arvada Hockey Association reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 6 years on record, from March 2020 to March 2024, income grew from $880k to $1.2m (+42%), an average of +7.3% a year. The sharpest change came in the year to March 2022, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arvada Hockey Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Society of Gynecologic Surgeons ($1.2m), Childrens Fresh Air Home Inc ($1.2m) and Dressage Foundation Inc ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $175k (16% of expenses). Other salaries and wages came to $25k. At year end it held assets of $820k against liabilities of $144k, net assets of $676k. It reported 3 employees.