Spooner Area Hockey League Inc

Analysis

Spooner Area Hockey League Inc is a registered charity in United States, based in Spooner, WI. It received its IRS tax-exemption ruling in May 2003, 23 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, Spooner Area Hockey League Inc reported income of $318k and spending of $334k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $294k to $318k (+8.5%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spooner Area Hockey League Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($318k), North East Rhythmics School of Gymnastics Inc ($318k) and Richmond Panthers United Field Hockey Club ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 69% of the total. At year end it held assets of $83k against liabilities of $757, net assets of $83k.