Bloomington Jefferson Hockey Booster Club

Analysis

Bloomington Jefferson Hockey Booster Club is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 1986, 40 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 May 2023, Bloomington Jefferson Hockey Booster Club reported income of $790k and spending of $805k, spending 102% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $535k to $790k (+48%), an average of +10% a year. The sharpest change came in the year to May 2022, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bloomington Jefferson Hockey Booster Club 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 76th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Birmingham Hockey Association ($790k), Jefferson Barracks Marine Soccer Club ($790k) and Marias Valley Golf and Country Club ($789k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $327k against liabilities of $27k, net assets of $299k. It reported 10 employees.