West Michigan Hockey Youth Foundation Inc

Analysis

West Michigan Hockey Youth Foundation Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2023, West Michigan Hockey Youth Foundation Inc reported income of $416k and spending of $308k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $295k to $416k (+41%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 157%. Over the whole period it spent 121% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Michigan Hockey Youth Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Pickleplex of Punta Gorda Inc ($416k), Makos Academics Arts & Athletics Club ($416k) and Greater Beaverton K-12 Swim Club ($416k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $61k (20% of expenses). Other salaries and wages came to $18k. At year end it held assets of $249k against liabilities of $3,726, net assets of $245k. It reported 6 employees.