Tewksbury Youth Skating Association

Analysis

Tewksbury Youth Skating Association is a registered charity in United States, based in Tewksbury, MA. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tewksbury Youth Skating Association reported income of $365k and spending of $393k, spending 108% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $290k to $365k (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tewksbury Youth Skating Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Sunstate Equipment Foundation ($365k), Tabithas Heart ($365k) and Houston County Agricultural Society ($365k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $198k against liabilities of $99k, net assets of $99k.