Centennial Youth Hockey Association

Analysis

Centennial Youth Hockey Association is a registered charity in United States, based in Circle Pines, MN. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Centennial Youth Hockey Association reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $872k to $1.4m (+56%), an average of +12% a year. The sharpest change came in the year to March 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Centennial Youth Hockey Association sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Egg Harbor Township Police Athletic League ($1.4m), Menifee Valley Boys & Girls Club ($1.4m) and Downers Grove Roadrunners Inc ($1.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 1.0% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $28k (2.3% of expenses). Other salaries and wages came to $6,399. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.2m. It reported 37 employees.