Carlton Amateur Hockey Association

Analysis

Carlton Amateur Hockey Association is a registered charity in United States, based in Carlton, MN. It received its IRS tax-exemption ruling in December 2022, 4 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 March 2022, Carlton Amateur Hockey Association reported income of $100k and spending of $124k, spending 124% of what it took in. Across the 4 years on record, from March 2019 to March 2022, income fell from $163k to $100k (-39%), an average of -15% a year. The sharpest change came in the year to March 2021, when income dropped by 20%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlton Amateur Hockey Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Greenstage ($100k), Mayville Area Share Shop ($100k) and Holy Spirit Renewal Ministries in American Baptist Churches ($100k).

On its Form 990-EZ for the period ending March 2022, revenue came from contributions and grants 41% and program service revenue 46% of the total. At year end it held assets of $300k against liabilities of $184k, net assets of $116k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.