Waikiki Beachboys Canoe Club

Analysis

Waikiki Beachboys Canoe Club is a registered charity in United States, based in Pearl City, HI. It received its IRS tax-exemption ruling in September 2022, 4 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, Waikiki Beachboys Canoe Club reported income of $74k and spending of $55k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $74k (-8.3%), an average of -8.3% a year. Over the whole period it spent 36% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waikiki Beachboys Canoe Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within HI. Charities of a similar size with the same main cause include West Inverness Recreation and Parks ($74k), International Water Ski Racing Association Inc ($74k) and Jerseyland Park Community Center ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.