Kailua Canoe Club Inc

Analysis

Kailua Canoe Club Inc is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Kailua Canoe Club Inc reported income of $132k and spending of $183k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $132k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kailua Canoe Club Inc sits at the 56th percentile: it is larger than about 56% 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 South County Secondary School Crew Boosters Inc ($132k), San Diego Canoe Kayak Team ($132k) and US Lacrosse Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 11% of the total. At year end it held assets of $97k against liabilities of $447, net assets of $96k.