Colorado Thunderbirds Aaa Hockey Association Inc

Analysis

Colorado Thunderbirds Aaa Hockey Association Inc is a registered charity in United States, based in Morrison, CO. It received its IRS tax-exemption ruling in March 2009, 17 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 2023, Colorado Thunderbirds Aaa Hockey Association Inc reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.1m to $2.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to May 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Thunderbirds Aaa Hockey Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Chicago Jets Hockey Club Inc ($2.3m), Rosen Aquatic and Fitness Center Inc ($2.3m) and Td4tucson ($2.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.