Thief River Falls Amateur Hockey Association

Analysis

Thief River Falls Amateur Hockey Association is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in December 1979, 47 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 June 2023, Thief River Falls Amateur Hockey Association reported income of $453k and spending of $447k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $232k to $453k (+95%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thief River Falls Amateur Hockey Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include First Hunt Foundation Inc ($453k), Neponset Valley River Rats Inc ($453k) and Arlington Hockey & Figure Skating Club Inc ($453k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $50k. At year end it held assets of $173k against liabilities of $99k, net assets of $74k. It reported 33 employees.