Lexington-Bedford Youth Hockey Inc

Analysis

Lexington-Bedford Youth Hockey Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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, Lexington-Bedford Youth Hockey Inc reported income of $445k and spending of $400k, spending 90% of its income. Across the 3 years on record, from June 2020 to June 2023, income fell from $530k to $445k (-16%), an average of -8.4% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lexington-Bedford Youth Hockey Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Abundant Waters Inc ($445k), Directors Guild Foundation ($445k) and Assn of College & Univ Housing Officers Itnl Res & Eductl FNDTN ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. At year end it held assets of $396k against liabilities of $153k, net assets of $242k.