Hawaii First Robotics

Analysis

Hawaii First Robotics is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 2006, 20 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 June 2024, Hawaii First Robotics reported income of $131k and spending of $91k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $107k to $131k (+22%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hawaii First Robotics sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within HI. Charities of a similar size with the same main cause include Hockey Players in Business Inc ($131k), Go Flyers Club ($131k) and Eastern Freestyle Competition Committee Inc ($131k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.