Medford Recreational Hockey Association Inc

Analysis

Medford Recreational Hockey Association Inc is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in July 1976, 50 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 June 2023, Medford Recreational Hockey Association Inc reported income of $263k and spending of $259k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $363k to $263k (-28%), an average of -7.7% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Medford Recreational Hockey Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Bright Side Youth Ranch Inc ($263k), Rhythmic Dreams Inc ($263k) and Hoagland Area Advancement Association Inc ($263k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $137k against liabilities of $81k, net assets of $56k.