Lakers Hockey Club Association Inc

Analysis

Lakers Hockey Club Association Inc is a registered charity in United States, based in Lake Villa, IL. It received its IRS tax-exemption ruling in September 2015, 11 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 December 2023, Lakers Hockey Club Association Inc reported income of $205k and spending of $240k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $205k (+6.0%), an average of +6.0% a year. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakers Hockey Club Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Piranha Aquatics ($204k), Chicago Platform Tennis Tournamentcharities Inc ($205k) and Tooele Bit N Spur Riding Club ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.