Fitch--East Lyme-Ledyard Hockey CL Ub Inc

Analysis

Fitch--East Lyme-Ledyard Hockey CL Ub Inc is a registered charity in United States, based in Mystic, CT. It received its IRS tax-exemption ruling in March 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Fitch--East Lyme-Ledyard Hockey CL Ub Inc reported income of $85k and spending of $74k, spending 88% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $39k to $85k (+116%), an average of +29% a year. The sharpest change came in the year to September 2022, when income rose by 80%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fitch--East Lyme-Ledyard Hockey CL Ub Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include First Serve Bridgeport Inc ($85k), North Hollywood Soccer League ($85k) and Hope Homes International Inc ($85k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.