Moorhead Youth Hockey Assn

Analysis

Moorhead Youth Hockey Assn is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, Moorhead Youth Hockey Assn reported income of $2.2m and spending of $2.6m, spending 120% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.2m (-17%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Moorhead Youth Hockey Assn sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Arizona Golf and Life Skills Inc ($2.2m), Legacy Parks Foundation ($2.2m) and Fort Collins Soccer Club ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $104k (4.0% of expenses). Other salaries and wages came to $786k. It paid $141k in professional fundraising fees. At year end it held assets of $8.7m against liabilities of $4.8m, net assets of $4.0m. It reported 124 employees.