Albert Lea Amateur Hockey Association

Analysis

Albert Lea Amateur Hockey Association is a registered charity in United States, based in Albert Lea, MN. It received its IRS tax-exemption ruling in May 1982, 44 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, Albert Lea Amateur Hockey Association reported income of $205k and spending of $179k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $180k to $205k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Albert Lea Amateur Hockey Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Bayview Yacht Club Junior Sailors Inc ($205k), Oregon City Soccer Club Inc ($205k) and Chagrin Falls Soccer Association Inc ($205k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. At year end it held assets of $331k against liabilities of $1,149, net assets of $330k. It reported 5 employees.