Great Lakes Regional Field Hockey Inc
Analysis
Great Lakes Regional Field Hockey Inc is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in February 2020, 6 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, Great Lakes Regional Field Hockey Inc reported income of $183k and spending of $124k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $183k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 59% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Great Lakes Regional Field Hockey Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Lighthouse of Hope ($183k), Lee Sportsmen Association ($183k) and S S B R L Inc ($183k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $56k (45% of expenses). At year end it held assets of $160k against liabilities of $0, net assets of $160k.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 18%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lighthouse of Hope | Mount Eaton | $183k |
| Lee Sportsmen Association | Lee | $183k |
| S S B R L Inc | Staten Island | $183k |
| Downtown BJJ | Thousand Oaks | $183k |