Eastern Massachusetts Hockey Inc

Analysis

Eastern Massachusetts Hockey Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in October 2004, 22 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).

In the financial year ending December 2023, Eastern Massachusetts Hockey Inc reported income of $389k and spending of $311k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $389k (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Eastern Massachusetts Hockey Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Baler Backers Athletic Organization ($389k), Valpo Surf Project Inc ($389k) and New Prague Area Community Center Association Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $54k (17% of expenses). At year end it held assets of $239k against liabilities of $0, net assets of $239k.