Downingtown East Ice Hockey Club

Analysis

Downingtown East Ice Hockey Club is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in September 2007, 19 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 May 2024, Downingtown East Ice Hockey Club reported income of $81k and spending of $82k, spending 100% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $75k to $81k (+9.2%), an average of +3.0% a year. The sharpest change came in the year to May 2023, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Downingtown East Ice Hockey Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include NLV Ice Hockey Booster Club ($81k), Qi Tao Inc ($82k) and Azteca Teakwondo Federation ($81k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.