Chisago Lakes Hockey Association

Analysis

Chisago Lakes Hockey Association is a registered charity in United States, based in Lindstrom, MN. It received its IRS tax-exemption ruling in January 1995, 31 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 April 2023, Chisago Lakes Hockey Association reported income of $250k and spending of $281k, spending 113% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income grew from $206k to $250k (+21%), an average of +6.6% a year. The sharpest change came in the year to April 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chisago Lakes Hockey Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include National College Players Association ($250k), Road Runners Club of America ($250k) and KB Fastpitch ($250k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $162k against liabilities of $12k, net assets of $150k.