Hockey Ministries International

Analysis

Hockey Ministries International is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in May 1981, 45 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 December 2023, Hockey Ministries International reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hockey Ministries International sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Sankaty Head Foundation Inc ($1.5m), Habitat for Humanity International Inc ($1.5m) and Hands on Central California ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $181k (13% of expenses). Other salaries and wages came to $247k. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m. It reported 7 employees.