Bedford-Katonah Hockey Association Inc

Analysis

Bedford-Katonah Hockey Association Inc is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in April 2008, 18 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 2023, Bedford-Katonah Hockey Association Inc reported income of $307k and spending of $333k, spending 108% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $384k to $307k (-20%), an average of -5.4% a year. The sharpest change came in the year to March 2021, when income dropped by 31%. 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, Bedford-Katonah Hockey Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Parkland Flag Football League Inc ($307k), Umpqua Valley Cal Ripken ($307k) and East Coast Professional Baseball Showcase ($307k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $184k against liabilities of $141k, net assets of $43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.