Chelsea Hockey Association

Analysis

Chelsea Hockey Association is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in April 2002, 24 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 June 2024, Chelsea Hockey Association reported income of $404k and spending of $386k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $331k to $404k (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chelsea Hockey Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include North Andover Boosters Club Inc ($404k), Elite Aquatics Sports Team Inc ($404k) and Little League Baseball Inc ($404k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.