Minuteman Flames Minor Hockey Association Inc

Analysis

Minuteman Flames Minor Hockey Association Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2023, Minuteman Flames Minor Hockey Association Inc reported income of $63k and spending of $65k, spending 103% of its income. Across the 3 years on record, from April 2019 to April 2023, income fell from $1.3m to $63k (-95%), an average of -78% a year. The sharpest change came in the year to April 2022, when income dropped by 100%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minuteman Flames Minor Hockey Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Visionary Steps Charitable Foundation Inc ($63k), Edhs Boys Basketball Boosters ($63k) and USA Catchball Association ($63k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $674k against liabilities of $677k, net assets of -$3,241.