Orono Hockey Boosters Inc

Analysis

Orono Hockey Boosters Inc is a registered charity in United States, based in Maple Plain, MN. It received its IRS tax-exemption ruling in January 1975, 51 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, Orono Hockey Boosters Inc reported income of $682k and spending of $665k, spending 97% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $575k to $682k (+19%), an average of +5.9% a year. The sharpest change came in the year to May 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orono Hockey Boosters Inc sits at the 73rd percentile: it is larger than about 73% 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 Prince of Peace Center ($682k), Lustre Bible Academy Society ($682k) and Ballet Mississippi Inc ($682k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.5% and program service revenue 92% of the total. Other salaries and wages came to $43k. At year end it held assets of $121k against liabilities of $0, net assets of $121k.