Capital Thunder Youth Hockey Organization

Analysis

Capital Thunder Youth Hockey Organization is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in March 2006, 20 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 July 2024, Capital Thunder Youth Hockey Organization reported income of $551k and spending of $560k, spending 102% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $263k to $551k (+109%), an average of +16% a year. The sharpest change came in the year to July 2022, when income rose by 161%. 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, Capital Thunder Youth Hockey Organization 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 73rd percentile within CA. Charities of a similar size with the same main cause include The First Tee of Greater Houston Inc ($551k), GTS Youth Sports Inc ($551k) and Rahll Activity Center ($551k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 95% and program service revenue 0.6% of the total. At year end it held assets of $195k against liabilities of $160k, net assets of $35k.