Salem Swampscott Youth Hockey Association

Analysis

Salem Swampscott Youth Hockey Association is a registered charity in United States, based in Swampscott, MA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Salem Swampscott Youth Hockey Association reported income of $198k and spending of $183k, spending 93% of its income. Across the 3 years on record, from April 2020 to April 2024, income grew from $148k to $198k (+34%), an average of +16% a year. The sharpest change came in the year to April 2023, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Swampscott Youth Hockey Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Sanctuary Community Action ($198k), Holy Family Relief ($198k) and Antigo Area Community Food Pantry Inc ($198k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.