Winston Salem Youth Hockey Association

Analysis

Winston Salem Youth Hockey Association is a registered charity in United States, based in Clemmons, NC. It received its IRS tax-exemption ruling in August 2012, 14 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 May 2023, Winston Salem Youth Hockey Association reported income of $74k and spending of $87k, spending 118% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $324k to $74k (-77%), an average of -31% a year. The sharpest change came in the year to May 2020, when income dropped by 77%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winston Salem Youth Hockey Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Fayette County Youth Soccer Club ($74k), Diverva ($74k) and Mason Youth Baseball Inc ($74k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.