Canton Youth Hockey Association Inc

Analysis

Canton Youth Hockey Association Inc is a registered charity in United States, based in Canton, MA. It received its IRS tax-exemption ruling in February 1974, 52 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, Canton Youth Hockey Association Inc reported income of $518k and spending of $555k, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $512k to $518k (+1.1%), an average of +0.3% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Canton Youth Hockey Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Louisville Skating Academy Inc ($518k), Central Alabama Sports Commission Inc ($518k) and Alachua County Youth Fair and Livestock Show Association Inc ($518k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $308k against liabilities of $197k, net assets of $111k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.