Watertown Youth Hockey League

Analysis

Watertown Youth Hockey League is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in September 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Watertown Youth Hockey League reported income of $157k and spending of $130k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $115k to $157k (+36%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Watertown Youth Hockey League sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Collegiate Offshore Sailing Circut Inc ($157k), Salmon River Ice Hockey Association ($157k) and Edmond Round-Up Club ($157k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.