Madison Ice Hockey Booster Club Inc

Analysis

Madison Ice Hockey Booster Club Inc is a registered charity in United States, based in Madison, NJ. It received its IRS tax-exemption ruling in May 2014, 12 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 2023, Madison Ice Hockey Booster Club Inc reported income of $74k and spending of $67k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $76k to $74k (-1.9%), an average of -1.9% a year. 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, Madison Ice Hockey Booster Club Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Robbinsville Lacrosse Association ($74k), Santa Cruz Derby Girls ($74k) and United States Masters Swimming Inc ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.