Montgomery County Amateur Hockey Association Inc

Analysis

Montgomery County Amateur Hockey Association Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in October 1979, 47 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 June 2023, Montgomery County Amateur Hockey Association Inc reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $2.9m (+7.0%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Montgomery County Amateur Hockey Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Hartford Marathon Foundation Inc ($2.9m), Milwaukee Sting Volleyball Club Inc ($2.9m) and Central Valley Community Sports Foundation ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $162k (5.5% of expenses). At year end it held assets of $3.6m against liabilities of $1.9m, net assets of $1.8m.