Oahu Hawaiian Canoe Racing Association Hawaii

Analysis

Oahu Hawaiian Canoe Racing Association Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Oahu Hawaiian Canoe Racing Association Hawaii reported income of $405k and spending of $325k, spending 80% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $92k to $405k (+342%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 220%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oahu Hawaiian Canoe Racing Association Hawaii sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within HI. Charities of a similar size with the same main cause include Stars of Tomorrow Dance Co ($405k), Kalona Historical Society ($405k) and Ballet Frontier of Texas ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 85% of the total. At year end it held assets of $585k against liabilities of $1,452, net assets of $583k.