Huskies Hockey Club Inc

Analysis

Huskies Hockey Club Inc is a registered charity in United States, based in Romeoville, IL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Huskies Hockey Club Inc reported income of $885k and spending of $922k, spending 104% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $897k to $885k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to April 2021, when income dropped by 15%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Huskies Hockey Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include T F O C Incorporated ($885k), Friends of South Georgia Island ($885k) and Social Action Center Inc ($884k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 83% of the total. Compensation of current officers, directors and key employees was $8,274 (0.9% of expenses). At year end it held assets of $136k against liabilities of $94k, net assets of $42k.