Anoka Area Hockey Association Inc

Analysis

Anoka Area Hockey Association Inc is a registered charity in United States, based in Anoka, MN. It received its IRS tax-exemption ruling in January 2024, 2 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 2022, Anoka Area Hockey Association Inc reported income of $1.2m and spending of $883k, leaving 26% of income unspent that year. Across the 3 years on record, from March 2019 to March 2022, income grew from $157k to $1.2m (+662%), an average of +176% a year. The sharpest change came in the year to March 2020, when income rose by 510%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Anoka Area Hockey Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Inclusion Matters by Shanes Inspiration ($1.2m), Valley Soccer Education Program ($1.2m) and Still Water Christian Ministries Inc ($1.2m).

On its Form 990 for the period ending March 2022, revenue came from contributions and grants 6.7% and program service revenue 46% of the total. At year end it held assets of $682k against liabilities of $52k, net assets of $630k. It reported 26 employees.