Frisco Ice Hockey Association

Analysis

Frisco Ice Hockey Association is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in March 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Frisco Ice Hockey Association reported income of $173k and spending of $219k, spending 127% of what it took in. The sharpest change came in the year to August 2023, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frisco Ice Hockey Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Running for a Better Oakland ($173k), Rocklin Youth Football Assoc Inc ($173k) and Forestville Park Development Inc ($173k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.