Little Falls Youth Hockey Inc

Analysis

Little Falls Youth Hockey Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in January 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Little Falls Youth Hockey Inc reported income of $301k and spending of $348k, spending 116% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $221k to $301k (+36%), an average of +6.4% a year. The sharpest change came in the year to March 2023, when income dropped by 18%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Little Falls Youth Hockey Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Bultasa Buddhist Temple of Chicago ($301k), Pregnancy Lifeline ($301k) and Paralyzed Veterans of America Southeastern Chapter Inc ($301k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.7% and program service revenue 25% of the total. Other salaries and wages came to $65k. At year end it held assets of $253k against liabilities of $2,407, net assets of $250k. It reported 8 employees.