Homer Hockey Association

Analysis

Homer Hockey Association is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in January 1996, 30 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 April 2023, Homer Hockey Association reported income of $360k and spending of $408k, spending 113% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $352k to $360k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to April 2023, when income rose by 31%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Homer Hockey Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within AK. Charities of a similar size with the same main cause include The Jp4 Foundation ($360k), Village Club & Preserve Inc ($360k) and Kendrick Gymnastics ($360k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 32% and program service revenue 58% of the total. Other salaries and wages came to $63k. At year end it held assets of $2.3m against liabilities of $1.9m, net assets of $333k. It reported 9 employees.