Chippewa Youth Hockey Association Inc

Analysis

Chippewa Youth Hockey Association Inc is a registered charity in United States, based in Chippewa FLS, WI. It received its IRS tax-exemption ruling in June 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 April 2023, Chippewa Youth Hockey Association Inc reported income of $603k and spending of $668k, spending 111% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $656k to $603k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to April 2021, when income rose by 67%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chippewa Youth Hockey Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Society of Cosmetic Chemists ($603k), Carteret Community Theatre Inc ($603k) and National Church Residences of ($603k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 2.2% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $24k (3.6% of expenses). At year end it held assets of $3.9m against liabilities of $958k, net assets of $2.9m.