Groton Regional Youth Hockey Association Inc

Analysis

Groton Regional Youth Hockey Association Inc is a registered charity in United States, based in Groton, MA. It received its IRS tax-exemption ruling in October 2015, 11 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, Groton Regional Youth Hockey Association Inc reported income of $213k and spending of $196k, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $418k to $213k (-49%), an average of -16% a year. The sharpest change came in the year to May 2021, when income dropped by 43%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Groton Regional Youth Hockey Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Honeoye Falls-Mendon Youth Baseball League Inc ($213k), Orlando Thunder Water Polo Inc ($213k) and Laredo Youth Soccer Association ($213k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. At year end it held assets of $193k against liabilities of $56k, net assets of $137k.