Grand Rapids Amateur Hockey Associa

Analysis

Grand Rapids Amateur Hockey Associa is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in September 2015, 11 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 2024, Grand Rapids Amateur Hockey Associa reported income of $645k and spending of $796k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $505k to $645k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Rapids Amateur Hockey Associa sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Ace Athletics Youth Soccer Academy ($645k), Indiana Hunter Education Association Inc ($645k) and Plainedge Soccer Club Ltd ($645k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 30% of the total. At year end it held assets of $576k against liabilities of $2,945, net assets of $573k. It reported 7 employees.