Novi Youth Hockey Association Inc

Analysis

Novi Youth Hockey Association Inc is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, Novi Youth Hockey Association Inc reported income of $328k and spending of $350k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $586k to $328k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Novi Youth Hockey Association Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Torch Sports Inc ($328k), Liberty Elite Volleyball Club ($329k) and Caddo Mills Youth Sports Association Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. At year end it held assets of $382k against liabilities of $0, net assets of $382k.