Dallas Stars Elite Hockey Club

Analysis

Dallas Stars Elite Hockey Club is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in September 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 March 2024, Dallas Stars Elite Hockey Club reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.9m to $2.1m (+6.5%), an average of +1.6% a year. 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, Dallas Stars Elite Hockey Club sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Old Works Golf Course Inc ($2.1m), Southern Intercollegiate Athletic Conference Inc ($2.1m) and Jupiter Tequesta Athletic ($2.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $291k (13% of expenses). Other salaries and wages came to $545k. At year end it held assets of $61k against liabilities of $0, net assets of $61k.

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.