Canton Minor Hockey Inc

Analysis

Canton Minor Hockey Inc is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in September 2019, 7 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 2024, Canton Minor Hockey Inc reported income of $244k and spending of $223k, spending 91% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $229k to $244k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to March 2022, when income rose by 208%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Canton Minor Hockey Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Buffalo Yacht Club Foundation Inc ($244k), Aston Township Athletics ($244k) and Aulea Swim Club ($244k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.