Panthers Hockey Club

Analysis

Panthers Hockey Club is a registered charity in United States, based in Los Alamitos, CA. It received its IRS tax-exemption ruling in April 2022, 4 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, Panthers Hockey Club reported income of $78k and spending of $80k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $90k to $78k (-14%), an average of -14% a year. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Panthers Hockey Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Driftless United Athletics Inc ($78k), Friends of San Marcos Parks and Recreation ($78k) and Bingle Camp Ministries ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% of the total. At year end it held assets of $5,572 against liabilities of $0, net assets of $5,572.