Goodview Winona Area Hockey Association

Analysis

Goodview Winona Area Hockey Association is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in January 1985, 41 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, Goodview Winona Area Hockey Association reported income of $522k and spending of $194k, leaving 63% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $326k to $522k (+60%), an average of +12% a year. The sharpest change came in the year to March 2022, when income rose by 61%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Goodview Winona Area Hockey Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Miracle League of Columbia at Maury County Park ($521k), Madison Soccer Club Inc ($522k) and Aasb Elite Basketball Inc ($521k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 2.5% and program service revenue 39% of the total. Other salaries and wages came to $1,225. At year end it held assets of $970k against liabilities of $254k, net assets of $715k.