Quincy Youth Arena Inc

Analysis

Quincy Youth Arena Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Quincy Youth Arena Inc reported income of $695k and spending of $720k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $684k to $695k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quincy Youth Arena Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Livonia Hockey Assoc ($695k), Lyons Swim Club ($695k) and Cutler Ridge Soccer Inc ($695k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $308k. At year end it held assets of $243k against liabilities of $11k, net assets of $232k. It reported 25 employees.