New Richmond Youth Hockey Assoc

Analysis

New Richmond Youth Hockey Assoc is a registered charity in United States, based in New Richmond, WI. It received its IRS tax-exemption ruling in December 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 March 2024, New Richmond Youth Hockey Assoc reported income of $491k and spending of $472k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $329k to $491k (+49%), an average of +10% a year. The sharpest change came in the year to March 2024, when income rose by 17%. 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, New Richmond Youth Hockey Assoc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Summit and Wasatch County Amateur Hockey Association ($491k), Miracle League of Arizona ($491k) and Spartan FC ($490k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.9% and program service revenue 61% of the total. Other salaries and wages came to $82k. It paid $13k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $767k, net assets of $672k. It reported 6 employees.