Peabody Youth Hockey Inc

Analysis

Peabody Youth Hockey Inc is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending July 2024, Peabody Youth Hockey Inc reported income of $166k and spending of $174k, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2024, income grew from $112k to $166k (+48%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peabody Youth Hockey Inc 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 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include International Order of the Kings Daughters and Sons ($166k), St Marys School Foundation ($166k) and Selden Fire Department Emergency Unit Inc ($166k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 1.0% and program service revenue 87% of the total. At year end it held assets of $68k against liabilities of $80k, net assets of -$12k.