Hanohano Outrigger Canoe Club

Analysis

Hanohano Outrigger Canoe Club is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, Hanohano Outrigger Canoe Club reported income of $98k and spending of $81k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $98k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hanohano Outrigger Canoe Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Izaak Walton League of America Inc ($98k), Rock Hill Fire Department Inc ($98k) and Humboldt Public Schools Foundation ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 14% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.