Lake Zurich Bears Hockey Club Inc

Analysis

Lake Zurich Bears Hockey Club Inc is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in April 1999, 27 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, Lake Zurich Bears Hockey Club Inc reported income of $204k and spending of $231k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $236k to $204k (-14%), an average of -14% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Zurich Bears Hockey Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Illinois Cheerleading Coaches Association ($203k), Taekwondo Alliance for Mission Foundation ($204k) and Friends of the Tubac Presidio and Museum Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.