Utah High School Hockey Inc

Analysis

Utah High School Hockey Inc is a registered charity in United States, based in Payson, UT. It received its IRS tax-exemption ruling in March 1992, 34 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 August 2023, Utah High School Hockey Inc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $311k to $1.3m (+325%), an average of +44% a year. The sharpest change came in the year to August 2023, when income rose by 191%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Utah High School 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 UT. Charities of a similar size with the same main cause include Buffalo Therapeutic Riding Center Inc ($1.3m), Greater Houston Volleyball Association ($1.3m) and CRRC of Canyon Lake Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $8,917 (0.7% of expenses). At year end it held assets of $564k against liabilities of $0, net assets of $564k.