Navy League of the United States Honolulu Council

Analysis

Navy League of the United States Honolulu Council is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Navy League of the United States Honolulu Council reported income of $518k and spending of $342k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $754k to $518k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 290%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navy League of the United States Honolulu Council sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within HI. Charities of a similar size with the same main cause include Neighbors Corporation ($518k), Westminster Academy Inc ($518k) and Alston Wilkes Foundation ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $88k (26% of expenses). Other salaries and wages came to $48k. At year end it held assets of $704k against liabilities of $4,347, net assets of $700k. It reported 4 employees.