Hockey Club of the Carolinas

Analysis

Hockey Club of the Carolinas is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in January 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 June 2024, Hockey Club of the Carolinas reported income of $132k and spending of $134k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $132k (+63%), an average of +63% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hockey Club of the Carolinas sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Franklin Wake Soccer Club ($132k), Amateur Athletic Union of the United States ($132k) and Arizona College Football Officials Association ($132k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.