Kokokahi Gym Team Association Inc

Analysis

Kokokahi Gym Team Association Inc is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in February 1973, 53 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 August 2023, Kokokahi Gym Team Association Inc reported income of $1.0m and spending of $871k, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $438k to $1.0m (+134%), an average of +24% a year. The sharpest change came in the year to August 2022, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kokokahi Gym Team Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Capitol Riverside Youth Sports Park ($1.0m), Northshore Athletic Fields ($1.0m) and Chesterfield Basball-Softball Association ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Other salaries and wages came to $474k. At year end it held assets of $495k against liabilities of $160k, net assets of $334k. It reported 56 employees.