Quad City Hockey Association

Analysis

Quad City Hockey Association is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in May 1996, 30 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, Quad City Hockey Association reported income of $746k and spending of $679k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $498k to $746k (+50%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 38%. 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, Quad City Hockey Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Ashland Parks Foundation ($746k), United States Racquetball Association ($747k) and Evansville Elite Soccer Club ($746k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. At year end it held assets of $263k against liabilities of $81, net assets of $263k.