New Albany Hockey Club

Analysis

New Albany Hockey Club is a registered charity in United States, based in New Albany, OH. It received its IRS tax-exemption ruling in August 2015, 11 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, New Albany Hockey Club reported income of $81k and spending of $97k, spending 120% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $62k to $81k (+31%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Albany Hockey Club sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Italian American Lacrosse Foundation Inc ($81k), Woodland Park Hockey Assocation ($81k) and Take a Soldier Fishing Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.