Asheville Hockey League

Analysis

Asheville Hockey League is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 2006, 20 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 July 2023, Asheville Hockey League reported income of $79k and spending of $67k, spending 85% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $77k to $79k (+2.8%), an average of +2.8% a year. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Asheville Hockey League sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Cooper Landing Community Club Inc ($79k), Rhinebeck Soccer League Inc ($79k) and Sebring Interdenominational Holiness Camp Meeting Inc ($79k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 13% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.