Methuen Youth Hockey Association Inc

Analysis

Methuen Youth Hockey Association Inc is a registered charity in United States, based in Methuen, MA. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 March 2023, Methuen Youth Hockey Association Inc reported income of $168k and spending of $200k, spending 119% of what it took in. Across the 2 years on record, from March 2020 to March 2023, income fell from $215k to $168k (-22%), an average of -22% a year. The sharpest change came in the year to March 2023, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Methuen Youth Hockey Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Crystal Coast Cancer Rehab Center ($168k), New York State Council Knights of Columbus Charities Inc ($168k) and Dundy County Hospital Foundation Inc ($168k).

On its Form 990-EZ for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $94k against liabilities of $17k, net assets of $78k.