Greensboro Youth Hockey Association Inc

Analysis

Greensboro Youth Hockey Association Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in May 2000, 26 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 August 2023, Greensboro Youth Hockey Association Inc reported income of $113k and spending of $61k, leaving 46% of income unspent that year. Across the 4 years on record, from August 2019 to August 2023, income grew from $11k to $113k (+909%), an average of +116% a year. The sharpest change came in the year to August 2020, when income rose by 668%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greensboro Youth Hockey Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($113k), Amanda Clearcreek Athletic Boosters ($113k) and Hawaii Federation of USA Wrestling ($113k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 65% of the total. At year end it held assets of $756k against liabilities of $0, net assets of $756k.