Mound Westonka Hockey Association Inc

Analysis

Mound Westonka Hockey Association Inc is a registered charity in United States, based in Mound, MN. It received its IRS tax-exemption ruling in April 1990, 36 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 July 2024, Mound Westonka Hockey Association Inc reported income of $571k and spending of $562k, spending 99% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $280k to $571k (+104%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mound Westonka Hockey Association Inc sits at the 87th percentile: it is larger than about 87% 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 Philadelphia City Rowing ($571k), Southern Utah Nevada Youth Football League Inc ($571k) and Canby Kids Incorporated ($571k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.7% and program service revenue 78% of the total. At year end it held assets of $441k against liabilities of $362k, net assets of $79k.