Mighty Moose Ice Hockey Inc

Analysis

Mighty Moose Ice Hockey Inc is a registered charity in United States, based in Paoli, PA. It received its IRS tax-exemption ruling in April 2016, 10 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, Mighty Moose Ice Hockey Inc reported income of $87k and spending of $81k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $87k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mighty Moose Ice Hockey Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include All Scholastic Athletic Program Inc ($87k), Tennessee Valley Stables Foundation ($87k) and Lower Loudon Boys Football Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.