Monticello Youth Hockey Program Inc

Analysis

Monticello Youth Hockey Program Inc is a registered charity in United States, based in Monticello, MN. It received its IRS tax-exemption ruling in November 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 March 2024, Monticello Youth Hockey Program Inc reported income of $443k and spending of $384k, spending 87% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $245k to $443k (+81%), an average of +13% a year. The sharpest change came in the year to March 2021, when income rose by 67%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monticello Youth Hockey Program Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Emerald Coast Volleyball Club ($443k), Lakeville Baseball Association ($443k) and LA Mesa Park and Recreation Foundation ($443k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.7% and program service revenue 45% of the total. At year end it held assets of $2.6m against liabilities of $574k, net assets of $2.0m. It reported 24 employees.