Hudson Hockey Association Inc

Analysis

Hudson Hockey Association Inc is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in April 1978, 48 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 March 2024, Hudson Hockey Association Inc reported income of $2.7m and spending of $1.9m, leaving 32% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $942k to $2.7m (+191%), an average of +31% a year. The sharpest change came in the year to March 2022, when income rose by 189%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hudson Hockey Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Emerald Kidsports ($2.7m), Henderson-Norwester Camp ($2.7m) and Iowa Youth Athletic Foundation ($2.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $106k (5.7% of expenses). Other salaries and wages came to $162k. At year end it held assets of $12.9m against liabilities of $7.1m, net assets of $5.8m. It reported 21 employees.