Northwest Florida Hockey League Inc

Analysis

Northwest Florida Hockey League Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in November 1998, 28 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 December 2023, Northwest Florida Hockey League Inc reported income of $116k and spending of $177k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $116k (-46%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. 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, Northwest Florida Hockey League Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Wcoga Boys Foundation ($116k), Santa Monica Girls Fastpitch ($116k) and Friends of Davis Rowing Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. At year end it held assets of $146k against liabilities of $32k, net assets of $113k.