Navy Youth Hockey Association Inc

Analysis

Navy Youth Hockey Association Inc is a registered charity in United States, based in Arnold, MD. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 April 2024, Navy Youth Hockey Association Inc reported income of $1.1m and spending of $975k, spending 86% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $476k to $1.1m (+139%), an average of +19% a year. The sharpest change came in the year to April 2022, when income rose by 54%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Navy Youth Hockey Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Darien Youth Soccer Association Inc ($1.1m), Starfish Inc ($1.1m) and True to Life Foundation ($1.1m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $6,000 (0.6% of expenses). At year end it held assets of $973k against liabilities of $367k, net assets of $606k.