Red Wing High School Hockey Club

Analysis

Red Wing High School Hockey Club is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in December 2019, 7 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 August 2023, Red Wing High School Hockey Club reported income of $353k and spending of $244k, leaving 31% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $341k to $353k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to August 2023, when income rose by 60%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Wing High School Hockey Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include San Diego East County Aquatics ($353k), Prime Aquatics Inc ($353k) and Maury County Fair & Exposition Inc ($353k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.7% and program service revenue 99% of the total. At year end it held assets of $537k against liabilities of $244k, net assets of $293k.