Valley of the Sun Hockey Association II

Analysis

Valley of the Sun Hockey Association II is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Valley of the Sun Hockey Association II reported income of $721k and spending of $630k, spending 87% of its income. Across the 5 years on record, from August 2019 to May 2023, income grew from $702k to $721k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to May 2021, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Valley of the Sun Hockey Association II 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 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Answer Inc ($721k), Iwsi America Inc ($722k) and 100 Black Men of Middle Tennessee Inc ($721k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $51k (8.1% of expenses). At year end it held assets of $238k against liabilities of $891, net assets of $237k.