White Bear Lake Area Hockey Association

Analysis

White Bear Lake Area Hockey Association is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 April 2022, White Bear Lake Area Hockey Association reported income of $2.1m and spending of $1.4m, leaving 36% of income unspent that year. Across the 4 years on record, from April 2019 to April 2022, income grew from $1.6m to $2.1m (+36%), an average of +11% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White Bear Lake Area Hockey Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Girls Incorporated of Greater Santa Barbara ($2.1m), Peconic Landing at Southold Inc ($2.1m) and McDowell Home Health Agency Inc ($2.1m).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 60% and program service revenue 46% of the total. At year end it held assets of $2.9m against liabilities of $2.3m, net assets of $544k. It reported 89 employees.