Steamboat Springs Youth Hockey

Analysis

Steamboat Springs Youth Hockey is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in June 1995, 31 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 May 2023, Steamboat Springs Youth Hockey reported income of $510k and spending of $424k, spending 83% of its income. Across the 5 years on record, from August 2019 to May 2023, income grew from $403k to $510k (+27%), an average of +6.1% a year. The sharpest change came in the year to May 2021, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Steamboat Springs Youth Hockey sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Northern Indiana Football Club Academy Inc ($510k), Rex & Brody Foundation Inc ($510k) and Wyoming Antelope Club Florida Chapter Inc ($509k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $27k. At year end it held assets of $455k against liabilities of $0, net assets of $455k. It reported 2 employees.