Gunnison Valley Hockey Association

Analysis

Gunnison Valley Hockey Association is a registered charity in United States, based in Gunnison, CO. It received its IRS tax-exemption ruling in January 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 June 2023, Gunnison Valley Hockey Association reported income of $312k and spending of $319k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $312k (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 21%. 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, Gunnison Valley Hockey Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Davis Water Polo Club ($312k), Izza Inc ($312k) and Mountain View Baptist Camp Inc ($312k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 66% of the total. Other salaries and wages came to $73k. At year end it held assets of $88k against liabilities of $1,784, net assets of $86k. It reported 15 employees.