Two Harbors Youth Hockey Association Inc

Analysis

Two Harbors Youth Hockey Association Inc is a registered charity in United States, based in Two Harbors, MN. It received its IRS tax-exemption ruling in May 2016, 10 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, Two Harbors Youth Hockey Association Inc reported income of $186k and spending of $185k, spending 100% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $124k to $186k (+50%), an average of +11% a year. The sharpest change came in the year to March 2021, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Two Harbors Youth Hockey Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Providence Landing Park Association ($186k), Stars Baseball ($186k) and Cape Cod Challenger Club Inc ($186k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 20% and program service revenue 66% of the total. Other salaries and wages came to $65k. At year end it held assets of $273k against liabilities of $0, net assets of $273k. It reported 17 employees.