Chicago Jets Hockey Club Inc

Analysis

Chicago Jets Hockey Club Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2000, 26 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, Chicago Jets Hockey Club Inc reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.0m to $2.3m (+17%), an average of +4.0% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Jets Hockey Club Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Td4tucson ($2.3m), Colorado Thunderbirds Aaa Hockey Association Inc ($2.3m) and Celtic Storm Soccer Club ($2.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Other salaries and wages came to $90k. At year end it held assets of $437k against liabilities of $148k, net assets of $290k.