Soo Michigan Hockey Association

Analysis

Soo Michigan Hockey Association is a registered charity in United States, based in Sault S Marie, MI. It received its IRS tax-exemption ruling in December 1989, 37 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 May 2024, Soo Michigan Hockey Association reported income of $135k and spending of $119k, spending 88% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $135k to $135k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to May 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soo Michigan Hockey Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Midwest Partnership Corporation ($135k), Tri-City Hospital Auxiliary ($135k) and The German School of South Florida Inc ($135k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 11% and program service revenue 85% of the total. At year end it held assets of $103k against liabilities of $1,275, net assets of $102k.