Grand Forks Youth Hockey Association

Analysis

Grand Forks Youth Hockey Association is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in June 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Grand Forks Youth Hockey Association reported income of $1.3m and spending of $917k, leaving 29% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $529k to $1.3m (+143%), an average of +20% a year. The sharpest change came in the year to May 2021, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grand Forks Youth Hockey Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Missouri Valley Football Conference ($1.3m), Connecticut Forest and Park Association Incorporated ($1.3m) and Cunningham Foundation ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.3% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $258k. At year end it held assets of $1.3m against liabilities of $163, net assets of $1.3m. It reported 49 employees.