Lake County Youth Ice Hockey Association

Analysis

Lake County Youth Ice Hockey Association is a registered charity in United States, based in Gurnee, IL. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2021, Lake County Youth Ice Hockey Association reported income of $258k and spending of $364k, spending 141% of what it took in. Across the 2 years on record, from December 2019 to December 2021, income fell from $299k to $258k (-14%), an average of -14% a year. Over the whole period it spent 132% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake County Youth Ice Hockey Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Libertyville Hockey Club Organization Incorporated ($258k), Twin Cities Youth Rowing Club ($258k) and Girls Soccer Worldwide ($258k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 0.9% and program service revenue 93% of the total. At year end it held assets of $62k against liabilities of $78k, net assets of -$16k.