Chanhassen Athletic Association

Analysis

Chanhassen Athletic Association is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in February 2018, 8 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 September 2023, Chanhassen Athletic Association reported income of $721k and spending of $635k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $425k to $721k (+70%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 69%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chanhassen Athletic Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Hunter Soccer Club ($721k), Connecticut Hockey Conference Inc ($722k) and Prospects Del Futuro PDF Foundation Inc ($721k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Other salaries and wages came to $49k. At year end it held assets of $492k against liabilities of $318k, net assets of $173k. It reported 78 employees.