Woburn Youth Hockey Association Inc

Analysis

Woburn Youth Hockey Association Inc is a registered charity in United States, based in Woburn, 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 May 2023, Woburn Youth Hockey Association Inc reported income of $782k and spending of $803k, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $720k to $782k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to May 2022, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woburn Youth Hockey Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Irvine Youth Athletic Association ($782k), Western Dupage Special Recreation Association Foundation ($782k) and Shikar-Safari Club International ($781k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $201k. At year end it held assets of $883k against liabilities of $226k, net assets of $657k. It reported 17 employees.