Stoneham Pee Wee Hockey Association Inc

Analysis

Stoneham Pee Wee Hockey Association Inc is a registered charity in United States, based in Stoneham, MA. It received its IRS tax-exemption ruling in March 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 June 2023, Stoneham Pee Wee Hockey Association Inc reported income of $390k and spending of $377k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $314k to $390k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stoneham Pee Wee Hockey Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Biking for Fun Inc ($389k), Wood River Resource Conservation and Development Incorporated ($390k) and Geneseo Youth Baseball Inc ($389k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $111k against liabilities of $72k, net assets of $40k.