Morris Hockey Association Inc
Analysis
Morris Hockey Association Inc is a registered charity in United States, based in Morris, MN. It received its IRS tax-exemption ruling in January 1993, 33 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, Morris Hockey Association Inc reported income of $559k and spending of $532k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $559k (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morris Hockey Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Stephen Petronio Dance Company Inc ($559k), Neurofibromatosis Incorporated Northeast ($559k) and St Patrick Apartments II Inc ($559k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 7.5% of the total. Other salaries and wages came to $53k. At year end it held assets of $569k against liabilities of $15k, net assets of $555k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 7.5%
- Other 81%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stephen Petronio Dance Company Inc | New York | $559k |
| Neurofibromatosis Incorporated Northeast | Burlington | $559k |
| St Patrick Apartments II Inc | N Bethesda | $559k |
| Peter Westbrook Foundation Inc | New York | $559k |