Sioux Falls Youth Hockey Association

Analysis

Sioux Falls Youth Hockey Association is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Sioux Falls Youth Hockey Association reported income of $903k and spending of $859k, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $684k to $903k (+32%), an average of +7.2% a year. The sharpest change came in the year to April 2022, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sioux Falls Youth Hockey Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within SD. Charities of a similar size with the same main cause include Northland Terrace Estates Inc ($903k), Summit County Rescue Group Inc ($903k) and For the Love of Paws ($903k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 7.6% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $47k (5.4% of expenses). Other salaries and wages came to $76k. At year end it held assets of $525k against liabilities of $0, net assets of $525k. It reported 24 employees.