Springfield Youth Hockey Association
Analysis
Springfield Youth Hockey Association is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 April 2024, Springfield Youth Hockey Association reported income of $312k and spending of $304k, spending 97% of its income. Across the 4 years on record, from April 2021 to April 2024, income grew from $236k to $312k (+32%), an average of +9.7% a year. The sharpest change came in the year to April 2024, when income rose by 25%. Over the whole period it spent 86% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Springfield Youth Hockey Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Sisters Unchained Inc ($311k), Peer Kindness Inc ($312k) and Trustees of Purdue University ($311k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.2% and program service revenue 93% of the total. At year end it held assets of $264k against liabilities of $30k, net assets of $233k.
Income and spending
Where the income comes from
- Contributions & grants 1.2%
- Program services 93%
- Other 5.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sisters Unchained Inc | Jamaica Plain | $311k |
| Peer Kindness Inc | Montrose | $312k |
| Trustees of Purdue University | Lagrange | $311k |
| Allied Foundation Inc | Melville | $312k |