Triangle Youth Hockey of North Carolina Inc

Analysis

Triangle Youth Hockey of North Carolina Inc is a registered charity in United States, based in Whitsett, NC. It received its IRS tax-exemption ruling in March 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 June 2024, Triangle Youth Hockey of North Carolina Inc reported income of $139k and spending of $209k, spending 150% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $198k to $139k (-30%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Triangle Youth Hockey of North Carolina Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Edmond Bulldog Youth Football Association ($139k), Sugar Bowl Rodeo Association ($139k) and Deposits Closet Inc ($139k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.