Bagley Youth Hockey Association

Analysis

Bagley Youth Hockey Association is a registered charity in United States, based in Bagley, MN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bagley Youth Hockey Association reported income of $285k and spending of $216k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $152k to $285k (+88%), an average of +17% a year. The sharpest change came in the year to August 2020, when income rose by 63%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bagley Youth Hockey Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include St Paul Chamber of Commerce Foundation Inc ($285k), Churches of God Home Mission Council of East Pennsylvania Confe ($285k) and Styx River Volunteer Fire Department Inc ($285k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 8.1% and program service revenue 15% of the total. Other salaries and wages came to $3,465. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 17 employees.