Saint Ignatius Hockey Club

Analysis

Saint Ignatius Hockey Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2015, 11 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, Saint Ignatius Hockey Club reported income of $619k and spending of $539k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $619k (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saint Ignatius Hockey Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Cold Spring Harbor-Huntington Soccer Club Inc ($619k), Schenectady Youth Hockey Association Inc ($619k) and Methacton United Soccer Club Inc ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (8.0% of expenses). At year end it held assets of $589k against liabilities of $112k, net assets of $477k.