Sauk Rapids Youth Hockey Inc

Analysis

Sauk Rapids Youth Hockey Inc is a registered charity in United States, based in Sauk Rapids, MN. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2024, Sauk Rapids Youth Hockey Inc reported income of $380k and spending of $354k, spending 93% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $246k to $380k (+55%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 92%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sauk Rapids Youth Hockey Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include St Vincent de Paul Society of Anapolis Inc ($380k), Los Charros Foundation Inc ($380k) and Southeast Missouri Regional Economic Development Inc ($380k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 38% and program service revenue 52% of the total. Other salaries and wages came to $2,400. At year end it held assets of $318k against liabilities of $41k, net assets of $277k. It reported 19 employees.