The Hyland Hills Junior Hockey Association

Analysis

The Hyland Hills Junior Hockey Association is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in January 1974, 52 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 March 2023, The Hyland Hills Junior Hockey Association reported income of $1.5m and spending of $1.5m, spending 95% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.4m to $1.5m (+6.5%), an average of +2.1% a year. The sharpest change came in the year to March 2022, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hyland Hills Junior Hockey Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Ochiltree United Way ($1.5m), Kalmar Nyckel Foundation ($1.5m) and Leach Foundation ($1.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.3% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $171k (12% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.0m against liabilities of $166k, net assets of $848k. It reported 7 employees.