Apple Valley Hockey Association

Analysis

Apple Valley Hockey Association is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in September 1975, 51 years ago. 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 March 2023, Apple Valley Hockey Association reported income of $651k and spending of $574k, spending 88% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $692k to $651k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to March 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apple Valley Hockey Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Sisters of the Imitation of Christ United States Mission Inc ($651k), Lincoln County Council on Aging ($651k) and Anchor Program Fund Inc ($651k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 10% of the total. At year end it held assets of $888k against liabilities of $1,722, net assets of $887k. It reported 37 employees.