Ed Snider Youth Hockey Foundation

Analysis

Ed Snider Youth Hockey Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ed Snider Youth Hockey Foundation reported income of $11.9m and spending of $8.9m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $11.9m (+121%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ed Snider Youth Hockey Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Sonoma County Fair & Exposition Inc ($11.8m), Together We Rise Corporation ($12.0m) and Special Olympics Texas Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $399k (4.5% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $30.6m against liabilities of $1.3m, net assets of $29.3m. It reported 244 employees.