Hyde Park Youth Hockey Inc

Analysis

Hyde Park Youth Hockey Inc is a registered charity in United States, based in Hyde Park, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 May 2022, Hyde Park Youth Hockey Inc reported income of $263k and spending of $284k, spending 108% of what it took in. Across the 4 years on record, from May 2019 to May 2022, income grew from $234k to $263k (+12%), an average of +4.0% a year. The sharpest change came in the year to May 2021, when income rose by 52%. 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, Hyde Park Youth Hockey Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Rochester Youth Fastpitch ($263k), Pioneer Valley Riverfront Club Inc ($263k) and Del Oro Jr Golden Eagles Football & Cheerleading ($263k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.