Louisville Minor Hockey Inc

Analysis

Louisville Minor Hockey Inc is a registered charity in United States, based in Massena, NY. It received its IRS tax-exemption ruling in November 2017, 9 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 March 2024, Louisville Minor Hockey Inc reported income of $111k and spending of $121k, spending 109% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $109k to $111k (+2.1%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Louisville Minor Hockey Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Voltage Aquatics Inc ($111k), Derry Area Youth Athletic Association Inc ($111k) and Sherwood Foundation Inc ($111k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.