Back Bay Hockey Association Inc

Analysis

Back Bay Hockey Association Inc is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 2024, Back Bay Hockey Association Inc reported income of $87k and spending of $204k, spending 236% of what it took in. Across the 3 years on record, from April 2022 to April 2024, income fell from $100k to $87k (-13%), an average of -6.7% a year. The sharpest change came in the year to April 2024, when income rose by 40%. Over the whole period it spent 187% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Back Bay Hockey Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within NH. Charities of a similar size with the same main cause include Saint Pauls Greek Orthodox Foundation Inc ($87k), Izaak Walton League of America Inc ($87k) and Evanston Lighthouse Rotary Club Foundation ($87k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 3.1% and program service revenue 85% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.