Waltham Youth Hockey Association Inc

Analysis

Waltham Youth Hockey Association Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in September 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 April 2023, Waltham Youth Hockey Association Inc reported income of $952k and spending of $756k, leaving 21% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $627k to $952k (+52%), an average of +15% a year. The sharpest change came in the year to April 2021, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waltham Youth Hockey Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Collier Services Foundation Inc ($951k), Friends of the Norsk Inc ($952k) and Atlanta Urban Squash Inc ($951k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.8% and program service revenue 95% of the total. At year end it held assets of $661k against liabilities of $0, net assets of $661k.