Swim Kauki Aquatics

Analysis

Swim Kauki Aquatics is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Swim Kauki Aquatics reported income of $92k and spending of $108k, spending 117% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $145k to $92k (-37%), an average of -37% a year. The sharpest change came in the year to August 2023, when income dropped by 37%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swim Kauki Aquatics sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within HI. Charities of a similar size with the same main cause include Little League Baseball Inc ($92k), Denver Gay and Lesbian Flag Football League Inc ($92k) and United States Bowling Congress Inc ($92k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 14% of the total. At year end it held assets of $52k against liabilities of $3,268, net assets of $49k.