North Carolina Tar Heels Ice Hockey Booster Club

Analysis

North Carolina Tar Heels Ice Hockey Booster Club is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, North Carolina Tar Heels Ice Hockey Booster Club reported income of $146k and spending of $127k, spending 87% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $60k to $146k (+145%), an average of +145% a year. The sharpest change came in the year to May 2023, when income rose by 145%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Carolina Tar Heels Ice Hockey Booster Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Perry Township Education Foundation Inc ($146k), Keshurim Inc ($146k) and Foundation of Associated Industries of Florida Inc ($146k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.