Raiders Ice Hockey Club Inc

Analysis

Raiders Ice Hockey Club Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in September 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, Raiders Ice Hockey Club Inc reported income of $100k and spending of $92k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $100k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Raiders Ice Hockey Club Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Memorial Figure Skating Club of Houston ($100k), Fire Strikers Soccer Academy ($101k) and West Madison Youth Baseball and Softball Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 16% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.