Lincoln Ice Hockey Association

Analysis

Lincoln Ice Hockey Association is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 2002, 24 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 April 2024, Lincoln Ice Hockey Association reported income of $570k and spending of $528k, spending 92% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $461k to $570k (+24%), an average of +5.5% a year. The sharpest change came in the year to April 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln Ice Hockey Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Manhasset Soccer Club Inc ($570k), Greater Boca Youth Soccer Association Inc ($571k) and St Paul Capitals Hockey Association ($570k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 7.3% and program service revenue 88% of the total. At year end it held assets of $203k against liabilities of $23k, net assets of $180k.