Ka Ulukoa

Analysis

Ka Ulukoa is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 2008, 18 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 July 2023, Ka Ulukoa reported income of $930k and spending of $862k, spending 93% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $263k to $930k (+253%), an average of +52% a year. The sharpest change came in the year to July 2022, when income rose by 1136%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ka Ulukoa 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 78th percentile, and in the 78th percentile within HI. Charities of a similar size with the same main cause include Washington Officials Association ($930k), Level Ground Mixed Martial Arts Inc ($930k) and Irvine Aquazot Swim Club ($929k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $18k (2.0% of expenses). At year end it held assets of $314k against liabilities of $191k, net assets of $122k.