Ames Minor Hockey Association

Analysis

Ames Minor Hockey Association is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in August 1982, 44 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, Ames Minor Hockey Association reported income of $377k and spending of $385k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $266k to $377k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ames Minor Hockey Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include USA Softball of Texas ($377k), Community Center of Hope Inc ($377k) and Saluda Shoals Foundation ($377k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 90% of the total. At year end it held assets of $169k against liabilities of $8,575, net assets of $160k.