Grand Traverse Hockey Assoc

Analysis

Grand Traverse Hockey Assoc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in June 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Grand Traverse Hockey Assoc reported income of $670k and spending of $687k, spending 103% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $630k to $670k (+6.3%), an average of +1.2% a year. The sharpest change came in the year to March 2022, when income rose by 24%. 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, Grand Traverse Hockey Assoc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include North Alabama Spikers Association Inc ($670k), Texas Bulldogs ($671k) and Broken Arrow Soccer Club ($670k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.