Rosemount Area Hockey Association

Analysis

Rosemount Area Hockey Association is a registered charity in United States, based in Rosemount, MN. It received its IRS tax-exemption ruling in March 1996, 30 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 May 2023, Rosemount Area Hockey Association reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $1.6m to $1.0m (-38%), an average of -15% a year. The sharpest change came in the year to May 2021, when income dropped by 48%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rosemount Area Hockey Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Grand Haven Coast Guard Festival Inc ($1.0m), Westside Community Improvement Association ($1.0m) and Southwest Riverside County Youth Sports Coalition Corp ($1.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $37k. At year end it held assets of $614k against liabilities of $21k, net assets of $593k. It reported 11 employees.