St Cloud Youth Hockey Association Inc

Analysis

St Cloud Youth Hockey Association Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in August 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 April 2023, St Cloud Youth Hockey Association Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $577k to $1.2m (+112%), an average of +21% a year. The sharpest change came in the year to April 2022, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Cloud Youth Hockey Association Inc 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 81st percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Full Armor Christian Academy ($1.2m), Ray County Transportation Inc ($1.2m) and Boys and Girls Clubs of the Mississippi Valley Inc ($1.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.3% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $69k (6.3% of expenses). Other salaries and wages came to $351k. At year end it held assets of $1.6m against liabilities of $421k, net assets of $1.2m. It reported 58 employees.