Hockey Club Des Moines

Analysis

Hockey Club Des Moines is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in August 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 April 2023, Hockey Club Des Moines reported income of $810k and spending of $857k, spending 106% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $720k to $810k (+13%), an average of +3.0% a year. The sharpest change came in the year to April 2021, when income rose by 64%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hockey Club Des Moines sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Vacaville Youth Soccer League ($809k), Eden Prairie Soccer Club Inc ($810k) and Columbus Metropolitan Club Inc ($809k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $184k (21% of expenses). At year end it held assets of $28k against liabilities of $213k, net assets of -$184k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.