New Prague Hockey Association Inc

Analysis

New Prague Hockey Association Inc is a registered charity in United States, based in New Prague, MN. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, New Prague Hockey Association Inc reported income of $430k and spending of $552k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $430k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Prague Hockey Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Fury FC Inc ($430k), Milwaukee Rowing Club ($430k) and Little Rock Juniors Volleyball Club ($430k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 75% of the total. At year end it held assets of $276k against liabilities of $79k, net assets of $197k.