Beaver Area Hockey Club

Analysis

Beaver Area Hockey Club is a registered charity in United States, based in Beaver, PA. It received its IRS tax-exemption ruling in August 2017, 9 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 April 2023, Beaver Area Hockey Club reported income of $56k and spending of $60k, spending 107% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income fell from $70k to $56k (-20%), an average of -20% a year. The sharpest change came in the year to April 2023, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beaver Area Hockey Club sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Avon Grove Lacrosse Inc ($56k), Monrovia Youth Baseball League ($56k) and Newport Girls Basketball Assoc ($56k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $67k against liabilities of $3,528, net assets of $64k.