USA Hockey Inc

Analysis

USA Hockey Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2001, 25 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, USA Hockey Inc reported income of $54.0m and spending of $52.8m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $43.2m to $54.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Hockey Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Utah Athletic Foundation ($52.5m), National Football League Foundation ($61.6m) and Bonnet Springs Park Inc ($52.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.1m (2.1% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $42.6m against liabilities of $29.6m, net assets of $13.0m. It reported 137 employees.