Milton Youth Hockey Inc

Analysis

Milton Youth Hockey Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in October 1976, 50 years ago. 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, Milton Youth Hockey Inc reported income of $640k and spending of $699k, spending 109% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $673k to $640k (-5.0%), an average of -1.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milton Youth Hockey Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Wounded Warriors ($640k), Challenge for Charity Inc ($640k) and Foundation for the Arts and Trauma Inc ($640k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. At year end it held assets of $538k against liabilities of $312k, net assets of $226k.