Jersey City Capitals Youth Hockey

Analysis

Jersey City Capitals Youth Hockey is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in August 2010, 16 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 March 2024, Jersey City Capitals Youth Hockey reported income of $390k and spending of $389k, spending 100% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $309k to $390k (+26%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jersey City Capitals Youth Hockey sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Wood River Resource Conservation and Development Incorporated ($390k), West Seattle Soccer Club ($390k) and Stoneham Pee Wee Hockey Association Inc ($390k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $19k (4.9% of expenses). At year end it held assets of $357k against liabilities of $0, net assets of $357k.