Hui Nalu Ocean Club

Analysis

Hui Nalu Ocean Club is a registered charity in United States, based in Yona, GU. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hui Nalu Ocean Club reported income of $85k and spending of $134k, spending 158% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $85k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hui Nalu Ocean Club sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 20th percentile within GU. Charities of a similar size with the same main cause include Federation of Young Vietnamese Volunteers Van Lang San Jose ($85k), Union County Happy Pack ($85k) and Jump-In Enrichment LLC ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. At year end it held assets of $7,848 against liabilities of $0, net assets of $7,848.