Wisconsin Hockey Development Inc
Analysis
Wisconsin Hockey Development Inc is a registered charity in United States, based in Oregon, WI. It received its IRS tax-exemption ruling in December 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, Wisconsin Hockey Development Inc reported income of $385k and spending of $541k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $385k (+776%), an average of +776% a year. The sharpest change came in the year to December 2023, when income rose by 776%. Over the whole period it spent 137% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wisconsin Hockey Development Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Voorhees Soccer Association ($385k), Prairie View Christian Camp ($385k) and Thompson Soccer Association Inc ($385k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 89% of the total. At year end it held assets of $3.7m against liabilities of $3.8m, net assets of -$155k.
Income and spending
Where the income comes from
- Contributions & grants 5.4%
- Program services 89%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Voorhees Soccer Association | Voorhees | $385k |
| Prairie View Christian Camp | Arkansas City | $385k |
| Thompson Soccer Association Inc | Loveland | $385k |
| Talent Skatepark Inc | Burlington | $385k |