Lawrence Hockey Club Inc

Analysis

Lawrence Hockey Club Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in December 2017, 9 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, Lawrence Hockey Club Inc reported income of $87k and spending of $91k, spending 105% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $90k to $87k (-3.7%), an average of -3.7% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lawrence Hockey Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Serve and Return Chicago ($87k), Blue Devil Lacrosse Club Inc ($87k) and Leander Spartans Track Club ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.