Osseo-Maple Grove Youth Hockey Association

Analysis

Osseo-Maple Grove Youth Hockey Association is a registered charity in United States, based in Osseo, MN. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2023, Osseo-Maple Grove Youth Hockey Association reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.8m to $2.3m (+30%), an average of +9.1% a year. The sharpest change came in the year to May 2022, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Osseo-Maple Grove Youth Hockey Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Southern Oregon Public Television Inc ($2.3m), International Chamber of Commerce UN Observer Mission Inc ($2.3m) and Concordia Conservatory Inc ($2.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 30% and program service revenue 62% of the total. At year end it held assets of $2.5m against liabilities of $789k, net assets of $1.7m. It reported 49 employees.