Bloomington Youth Hockey Inc

Analysis

Bloomington Youth Hockey Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in December 2011, 15 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 2024, Bloomington Youth Hockey Inc reported income of $406k and spending of $348k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $245k to $406k (+66%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bloomington Youth Hockey Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Ultimook ($406k), Newark Ice Hockey Assoc ($407k) and Veda Yoga ($406k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 92% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.