Friends of Bethany Hamilton Inc

Analysis

Friends of Bethany Hamilton Inc is a registered charity in United States, based in Princeville, HI. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Friends of Bethany Hamilton Inc reported income of $424k and spending of $468k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $228k to $424k (+86%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Bethany Hamilton Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within HI. Charities of a similar size with the same main cause include Scott Carter Foundation ($424k), Wilkes County Community Partnership Inc ($424k) and Boardassist ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $28k (6.1% of expenses). Other salaries and wages came to $3,851. At year end it held assets of $168k against liabilities of $0, net assets of $168k. It reported 3 employees.