Fairmont Youth Hockey Association Inc

Analysis

Fairmont Youth Hockey Association Inc is a registered charity in United States, based in Fairmont, MN. It received its IRS tax-exemption ruling in October 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fairmont Youth Hockey Association Inc reported income of $378k and spending of $313k, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $208k to $378k (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairmont Youth Hockey Association Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Bay Area Soccer Association ($378k), Indiana Hockey Officials Association ($378k) and American Cricket Academy and Club ($378k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $1,500 (0.5% of expenses). Other salaries and wages came to $67k. At year end it held assets of $804k against liabilities of $436, net assets of $804k. It reported 28 employees.