Melrose Youth Hockey Association Inc

Analysis

Melrose Youth Hockey Association Inc is a registered charity in United States, based in Melrose, MA. It received its IRS tax-exemption ruling in April 1998, 28 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 2024, Melrose Youth Hockey Association Inc reported income of $301k and spending of $278k, spending 92% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $269k to $301k (+12%), an average of +2.3% a year. The sharpest change came in the year to May 2021, when income dropped by 25%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Melrose Youth Hockey Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Gary Koch Invitational Pro-Am Inc ($301k), Monona County Fair Association ($301k) and Etowah Touchdown Club ($301k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.