Greater New York Chinese American Hockey

Analysis

Greater New York Chinese American Hockey is a registered charity in United States, based in Short Hills, NJ. It received its IRS tax-exemption ruling in February 2018, 8 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, Greater New York Chinese American Hockey reported income of $185k and spending of $195k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $240k to $185k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater New York Chinese American Hockey sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Liberty Select Basketball Association ($185k), Eventide Arts Inc ($185k) and Seashore Soccer League Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.