Skaneateles Youth Hockey Association Inc

Analysis

Skaneateles Youth Hockey Association Inc is a registered charity in United States, based in Skaneateles, NY. It received its IRS tax-exemption ruling in January 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Skaneateles Youth Hockey Association Inc reported income of $249k and spending of $225k, spending 90% of its income. Across the 3 years on record, from April 2020 to April 2023, income grew from $218k to $249k (+14%), an average of +6.8% a year. The sharpest change came in the year to April 2023, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Skaneateles Youth Hockey Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Lake Chelan Ski Club ($249k), Salmon Unlimited Wisconsin Inc ($249k) and Williston Sea Lions Inc ($249k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.1% and program service revenue 90% of the total. At year end it held assets of $72k against liabilities of $1,850, net assets of $71k.