Glenwood Springs Youth Hockey Assoc

Analysis

Glenwood Springs Youth Hockey Assoc is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in July 1999, 27 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 August 2023, Glenwood Springs Youth Hockey Assoc reported income of $222k and spending of $244k, spending 110% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $258k to $222k (-14%), an average of -14% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glenwood Springs Youth Hockey Assoc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Buffalo Shamrocks Hockey Club Inc ($222k), Rose-Rich Girls Softball Association Inc ($222k) and United States Ski Association-Central Division Regio ($222k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $59k (24% of expenses). At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 1 employees.