St Paul Capitals Hockey Association

Analysis

St Paul Capitals Hockey Association is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 1975, 51 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 April 2023, St Paul Capitals Hockey Association reported income of $570k and spending of $616k, spending 108% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $600k to $570k (-4.9%), an average of -1.3% a year. The sharpest change came in the year to April 2022, when income rose by 23%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Paul Capitals Hockey Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Wesley Chapel Athletic Association Inc ($570k), Manhasset Soccer Club Inc ($570k) and Stevens Pass Alpine Club ($570k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $48k (7.8% of expenses). At year end it held assets of $94k against liabilities of $27k, net assets of $67k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.