Waconia Hockey Association Inc

Analysis

Waconia Hockey Association Inc is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in March 1999, 27 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 2024, Waconia Hockey Association Inc reported income of $515k and spending of $524k, spending 102% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $453k to $515k (+14%), an average of +3.2% a year. 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, Waconia Hockey Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Millcreek Youth Athletic Assoc Inc ($515k), Appalachian Athletic Conference ($515k) and Florida Collegiate Summer League Inc ($515k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 6.6% and program service revenue 76% of the total. At year end it held assets of $219k against liabilities of $1,658, net assets of $218k.