Medford Area Youth Hockey Association Inc

Analysis

Medford Area Youth Hockey Association Inc is a registered charity in United States, based in Medford, WI. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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 March 2023, Medford Area Youth Hockey Association Inc reported income of $290k and spending of $240k, spending 83% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $173k to $290k (+68%), an average of +14% a year. The sharpest change came in the year to March 2022, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medford Area Youth Hockey Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Pound Ridge Lions Ambulance Corps ($290k), Agape Retirement Home Inc ($290k) and Syro Malabar Catholic Mission Ofgreater Washington Inc ($290k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 14% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). Other salaries and wages came to $14k. At year end it held assets of $488k against liabilities of $5,631, net assets of $482k. It reported 26 employees.