Des Moines Youth Hockey Association Inc

Analysis

Des Moines Youth Hockey Association Inc is a registered charity in United States, based in Grimes, IA. It received its IRS tax-exemption ruling in September 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 June 2023, Des Moines Youth Hockey Association Inc reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $405k to $1.3m (+212%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Des Moines Youth Hockey Association Inc 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 84th percentile within IA. Charities of a similar size with the same main cause include Pike Youth Soccer Club Inc ($1.3m), Florida Trail Association Inc ($1.3m) and New York Yankees Tampa Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $136k. At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 2 employees.