Midstate Youth Hockey Association Inc

Analysis

Midstate Youth Hockey Association Inc is a registered charity in United States, based in Cicero, NY. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Midstate Youth Hockey Association Inc reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 4 years on record, from April 2020 to April 2023, income fell from $2.0m to $1.7m (-17%), an average of -6.1% a year. The sharpest change came in the year to April 2021, when income dropped by 37%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midstate Youth Hockey Association Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Architectural Glass and Metal Certification Council ($1.7m), Edmonds Community College Foundation ($1.7m) and Temple Academy ($1.7m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 13% and program service revenue 57% of the total. Other salaries and wages came to $341k. At year end it held assets of $2.9m against liabilities of $3.4m, net assets of -$505k. It reported 23 employees.