McKinney High School Hockey Club

Analysis

McKinney High School Hockey Club is a registered charity in United States, based in McKinney, TX. 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 May 2023, McKinney High School Hockey Club reported income of $120k and spending of $127k, spending 106% of what it took in. Across the 3 years on record, from May 2020 to May 2023, income grew from $86k to $120k (+40%), an average of +18% a year. The sharpest change came in the year to May 2021, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, McKinney High School 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 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Syracuse Challenger Baseball Inc ($120k), Mustang Rugby ($120k) and Friends of Fonta Flora State Trail Inc ($120k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 0.8% and program service revenue 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.