Duluth East Hockey Boosters Inc

Analysis

Duluth East Hockey Boosters Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in April 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Duluth East Hockey Boosters Inc reported income of $82k and spending of $58k, leaving 30% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income fell from $97k to $82k (-15%), an average of -15% a year. The sharpest change came in the year to October 2023, when income dropped by 15%. 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, Duluth East Hockey Boosters Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Two Rivers Aquatics at Palmer ($82k), Midlothian Athletic Association Inc ($82k) and Southwest Indiana Soccer Assoc ($82k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 51% and program service revenue 14% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.