Lake Region Hockey Association

Analysis

Lake Region Hockey Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1971, 55 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 2023, Lake Region Hockey Association reported income of $266k and spending of $261k, spending 98% of its income. Across the 4 years on record, from April 2019 to April 2023, income grew from $3,396 to $266k (+7720%), an average of +328% a year. The sharpest change came in the year to April 2021, when income rose by 6138%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Region Hockey Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Fearrington Cares ($266k), North Central Nevada Historical Society ($266k) and Where Grace Abounds Inc ($265k).

At year end it held assets of $129k against liabilities of $5,896, net assets of $123k. It reported 27 employees.