Minnesota Selects Hockey Club

Analysis

Minnesota Selects Hockey Club is a registered charity in United States, based in Chisago City, MN. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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 December 2023, Minnesota Selects Hockey Club reported income of $109k and spending of $158k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $109k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 574%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minnesota Selects Hockey Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Jimmy Dell Ministries Inc ($109k), West Hartford Library Foundation Inc ($109k) and Henry Rockwell Baker Memorial Community Center Incorporated ($109k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $18k against liabilities of $0, net assets of $18k.