Marblehead Youth Hockey Association Inc

Analysis

Marblehead Youth Hockey Association Inc is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in November 1999, 27 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 July 2023, Marblehead Youth Hockey Association Inc reported income of $397k and spending of $337k, spending 85% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $273k to $397k (+46%), an average of +9.8% a year. The sharpest change came in the year to July 2023, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marblehead Youth Hockey Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Trojan Youth Lacrosse Association of Northwest Austin Inc ($397k), Big Sun Youth Soccer League Inc ($397k) and Sokol Greater Cleveland Gymnastic & Educational Organization ($397k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. At year end it held assets of $262k against liabilities of $57k, net assets of $206k.