Carolinas Hockey League Inc

Analysis

Carolinas Hockey League Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2004, 22 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 2024, Carolinas Hockey League Inc reported income of $90k and spending of $90k, spending 101% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $71k to $90k (+27%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 49%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Carolinas Hockey League Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Rocky Canyon Sail Toads Inc Co ($90k), Little League Baseball Inc ($90k) and Little League Baseball Inc ($90k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 11% and program service revenue 87% of the total. At year end it held assets of $3,439 against liabilities of $0, net assets of $3,439.