Mankato Area Hockey Association

Analysis

Mankato Area Hockey Association is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in January 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Mankato Area Hockey Association reported income of $708k and spending of $614k, spending 87% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $690k to $708k (+2.6%), an average of +0.9% a year. The sharpest change came in the year to March 2022, when income rose by 56%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mankato Area Hockey Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Encino Baseball Inc ($708k), Georgia Recreation and Park Association Inc ($708k) and Loveland Youth Soccer Association ($707k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 34% and program service revenue 46% of the total. At year end it held assets of $754k against liabilities of $12k, net assets of $741k. It reported 14 employees.