Fermoy Community Youth Centre Ltd is a registered charity and is completely self-financed. Its core sources of income are from Room Hire, Theatre Hire, Sports Complex, Membership, Weekly Bingo and the Community Development Draw. The Centre in its current form came into existence in 1980 after an extensive refurbishment and extension of the existing buildings; which included a Youth Club, the Palace Dance Hall, Palace Theatre and the Sports Complex (Handball/Racquetball Courts). Facilities at the Community Centre are normally available for the use of its members and of outside hirers between the hours of 9am and 10pm on weekdays; and on Saturdays 9.30am to 9.00pm. Sundays between the hours of 12.45pm to 6.00pm. In certain cases, these hours may be extended on application to the Management Committee.