Northern Lakes Youth Hockey Association Inc

Analysis

Northern Lakes Youth Hockey Association Inc is a registered charity in United States, based in Crosslake, MN. It received its IRS tax-exemption ruling in April 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 March 2024, Northern Lakes Youth Hockey Association Inc reported income of $543k and spending of $508k, spending 94% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $347k to $543k (+56%), an average of +12% a year. The sharpest change came in the year to March 2021, when income rose by 35%. 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, Northern Lakes Youth Hockey Association Inc sits at the 87th 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 71st percentile within MN. Charities of a similar size with the same main cause include Foothill Club Water Polo ($543k), Dayton Classics Baseball Club Inc ($543k) and Lower Macungie Youth Association ($542k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 5.5% of the total. At year end it held assets of $594k against liabilities of $14k, net assets of $580k. It reported 29 employees.