Weymouth Youth Hockey Inc

Analysis

Weymouth Youth Hockey Inc is a registered charity in United States, based in East Weymouth, MA. It received its IRS tax-exemption ruling in June 1982, 44 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 February 2024, Weymouth Youth Hockey Inc reported income of $459k and spending of $458k, spending 100% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $398k to $459k (+15%), an average of +2.9% a year. The sharpest change came in the year to February 2022, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weymouth Youth Hockey Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Harpers Ferry Park Association ($459k), Life Experiences Inc ($459k) and Jewish Historical Society of Michigan ($459k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 2.7% and program service revenue 88% of the total. At year end it held assets of $177k against liabilities of $33k, net assets of $144k.