Owatonna Youth Hockey Association Inc

Analysis

Owatonna Youth Hockey Association Inc is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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, Owatonna Youth Hockey Association Inc reported income of $492k and spending of $369k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $312k to $492k (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 83%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Owatonna Youth Hockey Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include National Association for Continence ($492k), Sussex Community Crisis Housing Services Inc ($492k) and Kendall County Wild Game Dinner ($491k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). At year end it held assets of $296k against liabilities of $5,890, net assets of $290k. It reported 4 employees.