Chicopee Galaxy Youth Athletic Association

Analysis

Chicopee Galaxy Youth Athletic Association is a registered charity in United States, based in Chicopee, MA. It received its IRS tax-exemption ruling in October 2021, 5 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 December 2023, Chicopee Galaxy Youth Athletic Association reported income of $120k and spending of $83k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $82k to $120k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicopee Galaxy Youth Athletic Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Magnolia Soccer Club ($120k), Bloomington Blades Youth Hockey Association ($120k) and Longview Metro Aquatics ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 66% of the total. At year end it held assets of $133k against liabilities of $2,125, net assets of $131k.