Salisbury Youth Hockey Inc

Analysis

Salisbury Youth Hockey Inc is a registered charity in United States, based in Lakeville, CT. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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, Salisbury Youth Hockey Inc reported income of $93k and spending of $94k, spending 101% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $68k to $93k (+37%), an average of +37% a year. The sharpest change came in the year to May 2024, when income rose by 37%. 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, Salisbury Youth Hockey Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within CT. Charities of a similar size with the same main cause include Port Angeles Swim Club ($93k), Wade Thomas Parents Club ($93k) and Portland Indigenous Marketplace ($93k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 78% of the total. At year end it held assets of $9,795 against liabilities of $0, net assets of $9,795.