Newton Youth Hockey Inc

Analysis

Newton Youth Hockey Inc is a registered charity in United States, based in Auburndale, MA. It received its IRS tax-exemption ruling in July 1994, 32 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 June 2023, Newton Youth Hockey Inc reported income of $507k and spending of $463k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $460k to $507k (+10%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newton Youth Hockey Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Hesperus ($507k), El Paso Hebrew Day School Association Inc ($507k) and National Church Residences of Austin TX ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $419k against liabilities of $125k, net assets of $294k.