Aspen Junior Hockey Inc

Analysis

Aspen Junior Hockey Inc is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Aspen Junior Hockey Inc reported income of $570k and spending of $624k, spending 110% of what it took in. Across the 5 years on record, from August 2019 to June 2023, income fell from $627k to $570k (-9.1%), an average of -2.4% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspen Junior Hockey Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Minnesota Boychoir ($570k), Epiphany Studio Productions ($570k) and Visual Arts Foundation Inc ($570k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $105k (17% of expenses). Other salaries and wages came to $41k. At year end it held assets of $525k against liabilities of $41, net assets of $525k. It reported 2 employees.