Frederick Youth Hockey Association

Analysis

Frederick Youth Hockey Association is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 1999, 27 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 March 2023, Frederick Youth Hockey Association reported income of $539k and spending of $518k, spending 96% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $437k to $539k (+23%), an average of +7.3% a year. The sharpest change came in the year to March 2022, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frederick Youth Hockey Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Hunt Staff Benefit Foundation ($539k), Highland Park Little League Association ($539k) and Massachusetts Spitfires Hockey Inc ($539k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $30k (5.8% of expenses). At year end it held assets of $208k against liabilities of $36k, net assets of $172k.