Oakland Jr Grizzlies Hockey Club

Analysis

Oakland Jr Grizzlies Hockey Club is a registered charity in United States, based in Auburn Hills, MI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Oakland Jr Grizzlies Hockey Club reported income of $362k and spending of $366k, spending 101% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $241k to $362k (+50%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oakland Jr Grizzlies Hockey Club sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Cincinnati Golden Gloves for Youth TT ($362k), Los Altos Youth Baseball & Softball of Long Beach Incorporated ($362k) and Flourish Placemaking Collective ($362k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,164 against liabilities of $45k, net assets of -$44k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.