Texas Brahmas Youth Hockey Association

Analysis

Texas Brahmas Youth Hockey Association is a registered charity in United States, based in N Richlnd HLS, TX. It received its IRS tax-exemption ruling in November 2021, 5 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 May 2023, Texas Brahmas Youth Hockey Association reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 6 years on record, from May 2018 to May 2023, income grew from $948k to $1.4m (+44%), an average of +7.6% a year. The sharpest change came in the year to May 2023, when income rose by 40%. 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, Texas Brahmas Youth Hockey Association 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 86th percentile within TX. Charities of a similar size with the same main cause include North County Sports Association Inc ($1.4m), USA Swimming Inc ($1.4m) and Los Angeles Bulls Soccer Club ($1.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Other salaries and wages came to $139k. At year end it held assets of $675k against liabilities of $346k, net assets of $329k. It reported 8 employees.