Hawaii Gay Flag Football League Inc

Analysis

Hawaii Gay Flag Football League Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Hawaii Gay Flag Football League Inc reported income of $62k and spending of $64k, spending 104% of its income. Across the 2 years on record, from January 2023 to January 2024, income fell from $161k to $62k (-62%), an average of -62% a year. The sharpest change came in the year to January 2024, when income dropped by 62%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hawaii Gay Flag Football League Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within HI. Charities of a similar size with the same main cause include Greenlake Aquaducks Masters Swimmers Inc ($62k), I Can Junior Triathlon Club Inc ($62k) and Tioga Youth Sports Association Inc ($62k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.