Kauai Sailing Association

Analysis

Kauai Sailing Association is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Kauai Sailing Association reported income of $214k and spending of $195k, spending 91% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $201k to $214k (+6.5%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 76% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Kauai Sailing Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Delhi Firefighters Foundation Inc ($214k), Leidos Relief Foundation ($214k) and Torrance Police Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $40k (21% of expenses). Other salaries and wages came to $38k. At year end it held assets of $279k against liabilities of $0, net assets of $279k. It reported 1 employees.