Moose Lake Area Hockey Association Inc

Analysis

Moose Lake Area Hockey Association Inc is a registered charity in United States, based in Moose Lake, MN. It received its IRS tax-exemption ruling in March 1986, 40 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 March 2024, Moose Lake Area Hockey Association Inc reported income of $134k and spending of $208k, spending 155% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $78k to $134k (+70%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 95%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moose Lake Area Hockey Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Eicm International ($134k), Amateur Athletic Union of the United States Inc ($134k) and We Are Coaches ($134k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.5% and program service revenue 28% of the total. Other salaries and wages came to $4,500. At year end it held assets of $526k against liabilities of $9,315, net assets of $517k. It reported 7 employees.