Brainerd Amateur Hockey Association

Analysis

Brainerd Amateur Hockey Association is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in July 2020, 6 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 March 2023, Brainerd Amateur Hockey Association reported income of $553k and spending of $527k, spending 95% of its income. Across the 4 years on record, from March 2019 to March 2023, income grew from $464k to $553k (+19%), an average of +6.0% a year. The sharpest change came in the year to March 2022, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brainerd Amateur Hockey Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Gulf Coast United Futbol Club Inc ($553k), Camp Thorpe Inc ($553k) and Oaks Dads Club ($553k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 24% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $262k against liabilities of $3,464, net assets of $259k. It reported 2 employees.