Lanakila Volleyball Academy

Analysis

Lanakila Volleyball Academy is a registered charity in United States, based in Puunene, HI. It received its IRS tax-exemption ruling in March 2010, 16 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, Lanakila Volleyball Academy reported income of $184k and spending of $193k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $184k (+214%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 698%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lanakila Volleyball Academy sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within HI. Charities of a similar size with the same main cause include Fire and Ice Boosters ($184k), Kennett Community Wrestling Club ($184k) and Nassau County Track Coaches Assoc Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Other salaries and wages came to $23k. At year end it held assets of $193k against liabilities of $117k, net assets of $76k.