Beverly Youth Hockey Association Inc

Analysis

Beverly Youth Hockey Association Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in April 2017, 9 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 December 2023, Beverly Youth Hockey Association Inc reported income of $329k and spending of $293k, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $241k to $329k (+36%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beverly Youth Hockey Association Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Bloomingdale Athletic Club ($329k), West Bend Baseball Assoc ($329k) and Ohio Mennonite Camp Association ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 91% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.