Bloomington Blades Youth Hockey Association

Analysis

Bloomington Blades Youth Hockey Association is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in April 2008, 18 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 July 2023, Bloomington Blades Youth Hockey Association reported income of $120k and spending of $90k, leaving 25% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income grew from $81k to $120k (+49%), an average of +22% a year. The sharpest change came in the year to July 2023, when income rose by 123%. 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, Bloomington Blades Youth Hockey Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Chicopee Galaxy Youth Athletic Association ($120k), Morris County Youth Soccer Association ($120k) and Magnolia Soccer Club ($120k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. At year end it held assets of $50k against liabilities of $200, net assets of $50k.