Type1timer Hockey Inc

Analysis

Type1timer Hockey Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Type1timer Hockey Inc reported income of $122k and spending of $98k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $122k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Type1timer Hockey Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Carolinas Metro Inc ($122k), The Skating Club of Houston ($122k) and Springfield Youth Hockey Association ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.