Indianapolis Youth Hockey Association Inc

Analysis

Indianapolis Youth Hockey Association Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in May 1972, 54 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, Indianapolis Youth Hockey Association Inc reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 3 years on record, from May 2021 to May 2023, income fell from $3.1m to $3.0m (-4.7%), an average of -2.4% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indianapolis Youth Hockey Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Eastern College Athletic Conference Inc ($3.0m), Skyliners Synchronizer Skating Team Inc ($3.0m) and Iowa Special Olympics Inc ($3.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. Other salaries and wages came to $322k. At year end it held assets of $853k against liabilities of $19k, net assets of $834k. It reported 5 employees.