Arapahoe Hockey Inc

Analysis

Arapahoe Hockey Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in February 2023, 3 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 May 2023, Arapahoe Hockey Inc reported income of $1.3m and spending of $1.0m, leaving 22% of income unspent that year. Across the 3 years on record, from May 2021 to May 2023, income grew from $887k to $1.3m (+47%), an average of +21% a year. The sharpest change came in the year to May 2022, when income rose by 29%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arapahoe Hockey Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Dublin United Soccer League Incorporated ($1.3m), Pembina Gorge Foundation ($1.3m) and Sunkist Kids Wrestling Club Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $104k (10% of expenses). At year end it held assets of $1.1m against liabilities of $3,586, net assets of $1.1m.