Chesterfield Hockey Association

Analysis

Chesterfield Hockey Association is a registered charity in United States, based in Chesterfield, MO. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Chesterfield Hockey Association reported income of $4.6m and spending of $3.8m, spending 83% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.9m to $4.6m (+58%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 28%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chesterfield Hockey Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Tampa Bay United Inc ($4.6m), National D-Day Memorial Foundation Ltd ($4.6m) and Fair and Exposition Society of Jones County Inc ($4.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $139k (3.6% of expenses). Other salaries and wages came to $689k. At year end it held assets of $18.0m against liabilities of $9.1m, net assets of $8.9m. It reported 97 employees.