Wadena Hockey Club Inc

Analysis

Wadena Hockey Club Inc is a registered charity in United States, based in Wadena, MN. It received its IRS tax-exemption ruling in August 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Wadena Hockey Club Inc reported income of $204k and spending of $165k, spending 81% of its income. Across the 3 years on record, from April 2022 to April 2024, income grew from $176k to $204k (+16%), an average of +7.7% a year. The sharpest change came in the year to April 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wadena Hockey Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Hardin County Agricultural Society ($204k), Jesse Owens Runners Club ($204k) and Capitol Homeschool Athletic Program ($204k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 88% of the total. At year end it held assets of $184k against liabilities of $15k, net assets of $169k.