Stillwater Area Hockey Association

Analysis

Stillwater Area Hockey Association is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in April 1973, 53 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 May 2023, Stillwater Area Hockey Association reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.1m to $1.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to May 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stillwater Area Hockey Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Center for Accessible Technology ($1.3m), National Black Law Students Association Inc ($1.3m) and International Skeletal Society Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.9% and program service revenue 90% of the total. At year end it held assets of $505k against liabilities of $11k, net assets of $494k. It reported 32 employees.