Morgantown Hockey Association Incorporated

Analysis

Morgantown Hockey Association Incorporated is a registered charity in United States, based in Dellslow, WV. It received its IRS tax-exemption ruling in November 1983, 43 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 June 2023, Morgantown Hockey Association Incorporated reported income of $223k and spending of $239k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $130k to $223k (+71%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morgantown Hockey Association Incorporated sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WV. Charities of a similar size with the same main cause include Friends of the Museum of Printing Inc the ($223k), Oic of Anne Arundel County Inc ($223k) and Barre Historical Society Inc ($223k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.