Friends of Selects Hockey Inc

Analysis

Friends of Selects Hockey Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Selects Hockey Inc reported income of $173k and spending of $224k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $173k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Selects Hockey Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Salty Dawg Rally ($173k), Stma Juniors ($173k) and Rivervale Junior Football Assoc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.