Biddeford Youth Hockey Association

Analysis

Biddeford Youth Hockey Association is a registered charity in United States, based in Biddeford, ME. It received its IRS tax-exemption ruling in April 1976, 50 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 March 2024, Biddeford Youth Hockey Association reported income of $343k and spending of $293k, spending 85% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $271k to $343k (+27%), an average of +6.1% a year. The sharpest change came in the year to March 2023, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Biddeford Youth 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 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Kingwood Forest Cove Area Youth Bas Eball Inc ($343k), Madieu Williams Foundation Inc ($343k) and Team 402 ($343k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.