Sylvania Youth Hockey Inc

Analysis

Sylvania Youth Hockey Inc is a registered charity in United States, based in Sylvania, OH. It received its IRS tax-exemption ruling in August 2014, 12 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 July 2023, Sylvania Youth Hockey Inc reported income of $948k and spending of $912k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $965k to $948k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to July 2020, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sylvania Youth Hockey Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Bay Area Disc Association ($947k), Empire State Youth Soccer Club Inc ($948k) and Sugar House Park Authority Inc ($947k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 4.5% and program service revenue 93% of the total. At year end it held assets of $186k against liabilities of $272k, net assets of -$86k.