Hagerstown Youth Hockey Association Incorporated

Analysis

Hagerstown Youth Hockey Association Incorporated is a registered charity in United States, based in Funkstown, MD. It received its IRS tax-exemption ruling in July 1998, 28 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 2024, Hagerstown Youth Hockey Association Incorporated reported income of $278k and spending of $217k, leaving 22% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $139k to $278k (+101%), an average of +15% a year. The sharpest change came in the year to April 2020, when income rose by 66%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hagerstown Youth Hockey Association Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Little League Baseball Inc ($278k), Multi-Cultural Festival of WV Inc ($278k) and Gambrills Athletic Club ($278k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 82% of the total. Compensation of current officers, directors and key employees was $11k (5.1% of expenses). At year end it held assets of $122k against liabilities of $0, net assets of $122k.