Chelmsford Hockey Association Inc

Analysis

Chelmsford Hockey Association Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in September 1971, 55 years ago. 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 May 2023, Chelmsford Hockey Association Inc reported income of $365k and spending of $396k, spending 109% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $297k to $365k (+23%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chelmsford Hockey Association Inc sits at the 63rd percentile: it is larger than about 63% 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 Trustees of Purdue University ($365k), National Association for Children of Alcoholics ($365k) and Milestone Charitable Foundation Inc ($364k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.7% and program service revenue 95% of the total. At year end it held assets of $280k against liabilities of $87k, net assets of $193k.