Boulder Valley Hockey Foundation

Analysis

Boulder Valley Hockey Foundation is a registered charity in United States, based in Superior, CO. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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, Boulder Valley Hockey Foundation reported income of $1.1m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-24%), an average of -6.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boulder Valley Hockey Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Educational Video Center Inc ($1.1m), Haycock Camping Ministries Inc ($1.1m) and Second Sense ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $109k (9.2% of expenses). Other salaries and wages came to $127k. At year end it held assets of $1.1m against liabilities of $83k, net assets of $995k. It reported 3 employees.