Detroit Lakes Youth Hockey Association Incorporated

Analysis

Detroit Lakes Youth Hockey Association Incorporated is a registered charity in United States, based in Detroit Lakes, MN. It received its IRS tax-exemption ruling in March 1984, 42 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 April 2024, Detroit Lakes Youth Hockey Association Incorporated reported income of $473k and spending of $410k, spending 87% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $285k to $473k (+66%), an average of +14% a year. The sharpest change came in the year to April 2022, when income rose by 63%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Detroit Lakes Youth Hockey Association Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Bill George Youth Football League Inc ($473k), America Scores LA ($474k) and Optimist Volunteers for Youth Inc ($473k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 17% and program service revenue 33% of the total. Other salaries and wages came to $32k. At year end it held assets of $609k against liabilities of $72k, net assets of $537k. It reported 15 employees.