City of Lakes Youth Hockey Assn

Analysis

City of Lakes Youth Hockey Assn is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, City of Lakes Youth Hockey Assn reported income of $109k and spending of $124k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $109k (+57%), an average of +57% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, City of Lakes Youth Hockey Assn sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Oceanside Youth Hockey Club Inc ($109k), Obx Wave Girls Volleyball Club ($109k) and Streaks Cheer Club ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 63% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.