Pacific Island Beach Boys

Analysis

Pacific Island Beach Boys is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 2016, 10 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 2022, Pacific Island Beach Boys reported income of $932k and spending of $863k, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $103k to $932k (+801%), an average of +200% a year. The sharpest change came in the year to December 2021, when income rose by 359%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pacific Island Beach Boys sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within HI. Charities of a similar size with the same main cause include Charles County Fair Inc ($931k), Lexington United Soccer Club Inc ($933k) and Level Ground Mixed Martial Arts Inc ($930k).

Compensation of current officers, directors and key employees was $34k (4.0% of expenses). Other salaries and wages came to $262k. At year end it held assets of $150k against liabilities of $15k, net assets of $135k. It reported 30 employees.