West Fargo Hockey Association Inc

Analysis

West Fargo Hockey Association Inc is a registered charity in United States, based in West Fargo, ND. It received its IRS tax-exemption ruling in August 1981, 45 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 2024, West Fargo Hockey Association Inc reported income of $3.5m and spending of $1.7m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $3.5m (+173%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Fargo Hockey Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ND. Charities of a similar size with the same main cause include Sambica ($3.5m), American Horse Trials Foundation Inc ($3.5m) and Fiesta Events Inc ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $119k (6.9% of expenses). Other salaries and wages came to $454k. It paid $81k in professional fundraising fees. At year end it held assets of $7.8m against liabilities of $402k, net assets of $7.4m. It reported 157 employees.