Kai Opua Canoe Club Inc

Analysis

Kai Opua Canoe Club Inc is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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 December 2023, Kai Opua Canoe Club Inc reported income of $595k and spending of $439k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $595k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 402%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kai Opua Canoe Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within HI. Charities of a similar size with the same main cause include New Destiny Daycare and Learning Academy ($595k), Guadalupe Health Foundation ($595k) and St Thomas Orthodox Church of India ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 63% of the total. At year end it held assets of $663k against liabilities of $0, net assets of $663k.