Mandan Hockey Club Inc

Analysis

Mandan Hockey Club Inc is a registered charity in United States, based in Mandan, ND. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 2024, Mandan Hockey Club Inc reported income of $2.5m and spending of $862k, leaving 65% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $663k to $2.5m (+276%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 124%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mandan Hockey Club Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within ND. Charities of a similar size with the same main cause include Edward Foundation ($2.5m), The Oliver Scholars Program Inc ($2.5m) and Positive Childhood Alliance North Carolina ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 12% of the total. Other salaries and wages came to $203k. At year end it held assets of $4.4m against liabilities of $25k, net assets of $4.4m. It reported 45 employees.