Ramapo Youth Hockey Association Inc

Analysis

Ramapo Youth Hockey Association Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in November 1976, 50 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 March 2024, Ramapo Youth Hockey Association Inc reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $2.1m to $1.6m (-26%), an average of -7.3% a year. The sharpest change came in the year to March 2024, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ramapo Youth Hockey Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Golden Slipper Club Camp ($1.6m), Soccer Association of Boca Raton Inc ($1.6m) and Massachusetts Hockey Inc ($1.6m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $116k against liabilities of $28k, net assets of $88k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.