Willmar Hockey Association Inc

Analysis

Willmar Hockey Association Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in October 1970, 56 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, Willmar Hockey Association Inc reported income of $246k and spending of $263k, spending 107% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $199k to $246k (+23%), an average of +5.4% a year. The sharpest change came in the year to April 2022, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Willmar Hockey Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Loudoun Aces Baseball Club ($246k), Madison County Childrens Camp Inc ($246k) and Mill Creek Touchdown Club Inc ($246k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.3% and program service revenue 66% of the total. At year end it held assets of $35k against liabilities of $26k, net assets of $8,870.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.