Gladwin Area Hockey Association

Analysis

Gladwin Area Hockey Association is a registered charity in United States, based in Gladwin, MI. It received its IRS tax-exemption ruling in February 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 March 2024, Gladwin Area Hockey Association reported income of $85k and spending of $89k, spending 105% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $102k to $85k (-17%), an average of -17% a year. The sharpest change came in the year to March 2024, when income dropped by 17%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gladwin Area Hockey Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Fredericksburg Youth Baseball Association Inc ($85k), Gracie Judo USA ($85k) and Galesburg Youth Cal Ripken Baseball League Inc ($85k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 16% and program service revenue 63% of the total. At year end it held assets of $29k against liabilities of $3,500, net assets of $25k.