Perinton Youth Hockey Inc

Analysis

Perinton Youth Hockey Inc is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Perinton Youth Hockey Inc reported income of $1.6m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $914k to $1.6m (+70%), an average of +14% a year. The sharpest change came in the year to May 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perinton Youth Hockey Inc sits at the 90th percentile: it is larger than about 90% 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 Performing Arts Workshop Inc ($1.6m), Poverty and Race Research Action Council ($1.6m) and Creative City Project Inc ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. At year end it held assets of $804k against liabilities of $198k, net assets of $606k.