Kensington Valley Hockey Association Inc

Analysis

Kensington Valley Hockey Association Inc is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in October 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 2024, Kensington Valley Hockey Association Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.4m to $1.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to May 2022, when income rose by 71%. 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, Kensington Valley Hockey Association Inc 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 MI. Charities of a similar size with the same main cause include Best Swim Club Inc ($1.6m), Ferry Beach Park Association ($1.6m) and Camp of the Hills ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Other salaries and wages came to $54k. At year end it held assets of $142k against liabilities of $10k, net assets of $132k. It reported 2 employees.