Niagara Frontier Junior Hockey Club Inc

Analysis

Niagara Frontier Junior Hockey Club Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 2010, 16 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 December 2023, Niagara Frontier Junior Hockey Club Inc reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Niagara Frontier Junior Hockey Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Lenape Valley Soccer Club ($1.3m), Kansas City Football and Cheerleading Inc ($1.3m) and Chesapeake Region Accessible Boating Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 74% of the total. Other salaries and wages came to $376k. At year end it held assets of $425k against liabilities of $529k, net assets of -$104k. It reported 23 employees.

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.