Chaska Community Hockey Association Inc

Analysis

Chaska Community Hockey Association Inc is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in February 1978, 48 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, Chaska Community Hockey Association Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.0m to $1.2m (+15%), an average of +3.5% a year. The sharpest change came in the year to April 2022, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chaska Community 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 80th percentile within MN. Charities of a similar size with the same main cause include Colchester Alternative School-Age Total Learning Experience Inc ($1.2m), White Horse Village Endowment Fund Inc ($1.2m) and Carlisle Extended Day Program Inc ($1.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 90% and program service revenue 3.9% of the total. At year end it held assets of $641k against liabilities of $66k, net assets of $575k.