St Louis Prospects Hockey Club

Analysis

St Louis Prospects Hockey Club is a registered charity in United States, based in Columbia, IL. It received its IRS tax-exemption ruling in May 2016, 10 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 2023, St Louis Prospects Hockey Club reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $954k to $1.6m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Louis Prospects Hockey Club sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include North County Coast Friday Night Lights ($1.6m), Virginia Express Hockey Club ($1.6m) and Bay City Basketball ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $137k (8.0% of expenses). Other salaries and wages came to $122k. At year end it held assets of $71k against liabilities of $0, net assets of $71k. It reported 9 employees.