Worthington Hockey Association Inc

Analysis

Worthington Hockey Association Inc is a registered charity in United States, based in Worthington, MN. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 December 2023, Worthington Hockey Association Inc reported income of $156k and spending of $165k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $156k (-2.6%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Worthington Hockey Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Association of Fundraising Professionals ($156k), Allentown Senior Citizen Centers Inc ($156k) and Jordan Free Library ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 59% of the total. Other salaries and wages came to $15k. At year end it held assets of $656k against liabilities of $0, net assets of $656k. It reported 9 employees.