Northern Virginia Hockey Club

Analysis

Northern Virginia Hockey Club is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 1984, 42 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 March 2024, Northern Virginia Hockey Club reported income of $199k and spending of $236k, spending 119% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $872k to $199k (-77%), an average of -31% a year. The sharpest change came in the year to March 2022, when income rose by 508%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Virginia Hockey Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within VA. Charities of a similar size with the same main cause include The Rabbi Dr Leo Jung Memorial Fund ($199k), Whitewater College Programs Inc ($199k) and Fort Worth Lecture Foundation Inc ($199k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.