New Jersey Colonials Hockey Association Inc

Analysis

New Jersey Colonials Hockey Association Inc is a registered charity in United States, based in Florham Park, NJ. It received its IRS tax-exemption ruling in May 2003, 23 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 March 2023, New Jersey Colonials Hockey Association Inc reported income of $3.1m and spending of $2.6m, spending 84% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $2.7m to $3.1m (+16%), an average of +4.9% a year. The sharpest change came in the year to March 2022, when income rose by 46%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Jersey Colonials Hockey Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Four Winds Inc ($3.1m), Solano County Fair Association ($3.1m) and Recreation Vehicle Technical Institute Inc ($3.1m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $427k. At year end it held assets of $2.2m against liabilities of $938k, net assets of $1.3m. It reported 8 employees.