Princeton Youth Hockey Association Inc

Analysis

Princeton Youth Hockey Association Inc is a registered charity in United States, based in Princeton, MN. It received its IRS tax-exemption ruling in February 1981, 45 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 2023, Princeton Youth Hockey Association Inc reported income of $849k and spending of $789k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $688k to $849k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Princeton Youth Hockey Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Crofton Athletic Council Inc ($848k), Wellesley Youth Hockey Association Inc ($849k) and Inter Rage Academy of Soccer ($848k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 58% of the total. Other salaries and wages came to $209k. At year end it held assets of $3.6m against liabilities of $2.7m, net assets of $852k. It reported 44 employees.