Seawolf Hockey Alliance Inc

Analysis

Seawolf Hockey Alliance Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation.

In the financial year ending June 2023, Seawolf Hockey Alliance Inc reported income of $235k and spending of $164k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $9,252 to $235k (+2436%), an average of +2436% a year. The sharpest change came in the year to June 2023, when income rose by 2436%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seawolf Hockey Alliance Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 52nd percentile within AK. Charities of a similar size with the same main cause include Westfield Aquatics Inc ($235k), Clarke County 4-H Club Fair Association Inc ($235k) and Ocmulgee National Park & Preserve Initiative Inc ($235k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 31% of the total. At year end it held assets of $93k against liabilities of $21k, net assets of $72k.