Winnetka Hockey Club

Analysis

Winnetka Hockey Club is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in April 1973, 53 years ago. 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 June 2023, Winnetka Hockey Club reported income of $1.8m and spending of $2.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.8m (+11%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winnetka Hockey Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include San Diego County Junior Golf Association Inc ($1.8m), T L C Home Inc ($1.8m) and Bernardine Senior Housing Corporation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $128k (6.5% of expenses). Other salaries and wages came to $45k. At year end it held assets of $844k against liabilities of $91k, net assets of $753k. It reported 3 employees.