Hawaii Aquatics Foundation

Analysis

Hawaii Aquatics Foundation is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in May 2017, 9 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 December 2023, Hawaii Aquatics Foundation reported income of $217k and spending of $369k, spending 170% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $361k to $217k (-40%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hawaii Aquatics Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Riverpark at Cooleemee Falls Inc ($217k), Metropolitan D C Virginia Soccer Association Inc ($217k) and Kingston Area Soccer League Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $3,121 against liabilities of $0, net assets of $3,121. It reported 21 employees.