Charlotte Field Hockey Club

Analysis

Charlotte Field Hockey Club is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in June 2020, 6 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, Charlotte Field Hockey Club reported income of $1.1m and spending of $952k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $751k to $1.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charlotte Field Hockey Club sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Country Place Ministries ($1.1m), Copper Harbor Trails Society Inc ($1.1m) and Punta Borinquen Golf and Country Club Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Other salaries and wages came to $119k. At year end it held assets of $239k against liabilities of $28k, net assets of $210k. It reported 4 employees.