Palisades Predators Hockey Club Inc

Analysis

Palisades Predators Hockey Club Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in May 2014, 12 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, Palisades Predators Hockey Club Inc reported income of $528k and spending of $509k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $242k to $528k (+118%), an average of +22% a year. The sharpest change came in the year to March 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palisades Predators Hockey Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Cattlemens Congress Inc ($527k), Hillcrest Lakers Community Club Inc ($528k) and Auburn Aquatics Swim Program ($527k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $267k against liabilities of $160k, net assets of $107k.