North Branch Area Hockey Association Inc

Analysis

North Branch Area Hockey Association Inc is a registered charity in United States, based in North Branch, MN. It received its IRS tax-exemption ruling in December 2000, 26 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 March 2023, North Branch Area Hockey Association Inc reported income of $345k and spending of $130k, leaving 62% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $196k to $345k (+76%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 64%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Branch Area Hockey Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Kickers FC ($345k), United Way of the Kearney Area Inc ($345k) and Shalom Tower Two Inc ($345k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.4% and program service revenue 24% of the total. At year end it held assets of $600k against liabilities of $4,701, net assets of $595k. It reported 8 employees.