Cedar Rapids Hockey Association

Analysis

Cedar Rapids Hockey Association is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 2003, 23 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 May 2023, Cedar Rapids Hockey Association reported income of $609k and spending of $592k, spending 97% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $297k to $609k (+105%), an average of +27% a year. The sharpest change came in the year to May 2023, when income rose by 66%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cedar Rapids Hockey Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Panhandle Elite Volleyball Club Inc ($609k), Butler County Fair Association ($609k) and Cullman County Fair Associaton Inc ($609k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.4% and program service revenue 90% of the total. Other salaries and wages came to $76k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 1 employees.