Andover Huskies Youth Hockey Association

Analysis

Andover Huskies Youth Hockey Association is a registered charity in United States, based in Andover, MN. It received its IRS tax-exemption ruling in May 2002, 24 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 April 2023, Andover Huskies Youth Hockey Association reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $430k to $1.2m (+177%), an average of +29% a year. The sharpest change came in the year to April 2023, when income rose by 197%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Andover Huskies Youth Hockey Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Jubilee Family Development Center Inc ($1.2m), El Paso Hockey Association ($1.2m) and Bay Badminton Training Academy ($1.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.5% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $4,904 (0.4% of expenses). At year end it held assets of $784k against liabilities of $5,201, net assets of $779k. It reported 45 employees.