Lysander Youth Hockey Inc

Analysis

Lysander Youth Hockey Inc is a registered charity in United States, based in Baldwinsville, NY. It received its IRS tax-exemption ruling in March 2007, 19 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 May 2023, Lysander Youth Hockey Inc reported income of $994k and spending of $971k, spending 98% of its income. Across the 3 years on record, from May 2021 to May 2023, income grew from $552k to $994k (+80%), an average of +34% a year. The sharpest change came in the year to May 2022, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lysander Youth Hockey Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Friends Of@franklin Parks Inc ($993k), South Campus Sports Assocation ($995k) and Marmon Valley Ministries Inc ($993k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.2% and program service revenue 24% of the total. Other salaries and wages came to $215k. At year end it held assets of $304k against liabilities of $195k, net assets of $108k. It reported 30 employees.