Lightning High School Hockey League Inc

Analysis

Lightning High School Hockey League Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 2018, 8 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, Lightning High School Hockey League Inc reported income of $733k and spending of $714k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $567k to $733k (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 26%. 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, Lightning High School Hockey League Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Dallas Mustangs ($733k), LA Paz County Fair Association Inc ($734k) and Pitcch in Foundation Inc ($732k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Other salaries and wages came to $84k. At year end it held assets of $79k against liabilities of $0, net assets of $79k.