Rockford Hockey Club Inc

Analysis

Rockford Hockey Club Inc is a registered charity in United States, based in Loves Park, IL. It received its IRS tax-exemption ruling in November 1975, 51 years ago. 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 April 2023, Rockford Hockey Club Inc reported income of $383k and spending of $323k, spending 84% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $427k to $383k (-10%), an average of -2.7% a year. The sharpest change came in the year to April 2022, when income dropped by 16%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rockford Hockey Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Lotus Foundation ($383k), Cha-Certified Horsemanship Association Inc ($384k) and Brighton Fire Department Inc ($383k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.