McDowell Trojans Hockey Club
Analysis
McDowell Trojans Hockey Club is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, McDowell Trojans Hockey Club reported income of $87k and spending of $107k, spending 124% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $157k to $87k (-45%), an average of -45% a year. The sharpest change came in the year to March 2024, when income dropped by 45%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, McDowell Trojans Hockey Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Prospect Community Library ($87k), College Canado-Haitien & Freres du Sacre Coeur Alumni Association ($87k) and Tennessee Association of Woodturners Inc ($87k).
On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 11% and program service revenue 72% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 72%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prospect Community Library | Prospect | $87k |
| College Canado-Haitien & Freres du Sacre Coeur Alumni Association | Westbury | $87k |
| Tennessee Association of Woodturners Inc | Nashville | $87k |
| Homeschool Organization of South Texas | Corp Christi | $87k |