Lynchburg Youth Hockey Association

Analysis

Lynchburg Youth Hockey Association is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in October 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 June 2023, Lynchburg Youth Hockey Association reported income of $105k and spending of $89k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $103k to $105k (+2.1%), an average of +2.1% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lynchburg Youth Hockey Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Sparks Blue Sox ($105k), Wildcat Baseball Booster Club ($105k) and Danville Soccer Association ($105k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.