Simsbury Youth Hockey Association Inc

Analysis

Simsbury Youth Hockey Association Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in December 1971, 55 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 June 2022, Simsbury Youth Hockey Association Inc reported income of $428k and spending of $507k, spending 119% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $441k to $428k (-2.9%), an average of -1.0% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Simsbury Youth Hockey Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Wolverine Youth Soccer Inc ($428k), Issaquah FC ($428k) and Noblesville Swim Club ($428k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $293k against liabilities of $71k, net assets of $222k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.