Hingham Youth Hockey Inc

Analysis

Hingham Youth Hockey Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2023, Hingham Youth Hockey Inc reported income of $710k and spending of $703k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $728k to $710k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hingham Youth Hockey Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Let Me Run Inc ($709k), Orono Ice Arena Inc ($710k) and Saint Thomas Academy Ice Arena ($709k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. At year end it held assets of $285k against liabilities of $248k, net assets of $37k.