United States Hockey Hall of Fame Inc

Analysis

United States Hockey Hall of Fame Inc is a registered charity in United States, based in Eveleth, MN. It received its IRS tax-exemption ruling in June 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United States Hockey Hall of Fame Inc reported income of $465k and spending of $315k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $465k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 67% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United States Hockey Hall of Fame Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Cowboys Rest Christian Camp & Retreat Center ($465k), Spokane Lilac Festival Association Inc ($465k) and Hopkins County Fair Incorporated ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $102k (32% of expenses). At year end it held assets of $2.2m against liabilities of $4,196, net assets of $2.2m. It reported 8 employees.