Medfield Youth Hockey Assoc

Analysis

Medfield Youth Hockey Assoc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Medfield Youth Hockey Assoc reported income of $289k and spending of $260k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $214k to $289k (+35%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Medfield Youth Hockey Assoc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Vanguard Culture ($289k), Making Spirits Bright ($289k) and Mesquite Arts Council Inc ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.