United States Field Hockey Foundation

Analysis

United States Field Hockey Foundation is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in June 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United States Field Hockey Foundation reported income of $92k and spending of $411k, spending 446% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $155k to $92k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United States Field Hockey Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Adirondack Aquatic Center Inc ($92k), Massachusetts Chess Association ($92k) and Diamond Youth Organization ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $115k (28% of expenses). At year end it held assets of $2.3m against liabilities of $183k, net assets of $2.2m.