Mars Hockey Inc

Analysis

Mars Hockey Inc is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in December 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, Mars Hockey Inc reported income of $163k and spending of $146k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $163k (+6.0%), an average of +6.0% a year. 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, Mars Hockey Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Elite Soccer Club ($163k), Altoona Area Baseball Assoc Inc ($163k) and The Basketball Club of Woodinville ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 88% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.