Hutchinson Hockey Association Inc

Analysis

Hutchinson Hockey Association Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Hutchinson Hockey Association Inc reported income of $375k and spending of $289k, leaving 23% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $161k to $375k (+133%), an average of +24% a year. The sharpest change came in the year to April 2022, when income rose by 107%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hutchinson Hockey Association Inc 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 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Girls Incorporated of Winter Haven ($375k), Power Book Bags ($375k) and Youth Activism Project ($375k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.3% and program service revenue 85% of the total. At year end it held assets of $697k against liabilities of $6,368, net assets of $691k.