South Bend Youth Hockey Inc

Analysis

South Bend Youth Hockey Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in August 1983, 43 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, South Bend Youth Hockey Inc reported income of $1.6m and spending of $1.1m, leaving 32% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.1m to $1.6m (+52%), an average of +11% a year. The sharpest change came in the year to May 2023, when income rose by 37%. 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, South Bend Youth Hockey Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Plano Balloon Festival Inc ($1.6m), Miami Hype ($1.6m) and Southern California Equestriansports ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 33% and program service revenue 65% of the total. Other salaries and wages came to $348k. At year end it held assets of $2.9m against liabilities of $336k, net assets of $2.5m. It reported 52 employees.