Lancer Youth Hockey Association

Analysis

Lancer Youth Hockey Association is a registered charity in United States, based in LA Crescent, MN. It received its IRS tax-exemption ruling in February 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 June 2023, Lancer Youth Hockey Association reported income of $308k and spending of $334k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $147k to $308k (+110%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lancer Youth Hockey Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Temecula Valley Girls Softballassociation ($308k), Southern Tier Hockey Association Ltd ($308k) and Minnetonka Lacrosse Association ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $6,830 (2.0% of expenses). Other salaries and wages came to $29k. At year end it held assets of $560k against liabilities of $6,798, net assets of $553k. It reported 10 employees.