Friends of Middlebury Hockey Inc

Analysis

Friends of Middlebury Hockey Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in May 1982, 44 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 December 2023, Friends of Middlebury Hockey Inc reported income of $219k and spending of $253k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $308k to $219k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Middlebury Hockey Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 47th percentile within VT. Charities of a similar size with the same main cause include California Competitive Youth Baseball Inc ($219k), Flathead Rapids Inc ($219k) and Big D Charity Horse Show Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. At year end it held assets of $1.5m against liabilities of $398k, net assets of $1.1m.