Team Ohio Hockey Foundation Inc

Analysis

Team Ohio Hockey Foundation Inc is a registered charity in United States, based in Avon, OH. It received its IRS tax-exemption ruling in April 2019, 7 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, Team Ohio Hockey Foundation Inc reported income of $558k and spending of $583k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540k to $558k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Ohio Hockey Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Atlanta Community Toolbank Inc ($558k), Monocacy Aquatic Club Inc ($558k) and Youth Driving for Values ($558k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12k (2.1% of expenses). At year end it held assets of $39k against liabilities of $30k, net assets of $8,964.