Usta Hawaii Pacific Inc

Analysis

Usta Hawaii Pacific Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2019, 7 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 2023, Usta Hawaii Pacific Inc reported income of $2.8m and spending of $2.0m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.8m (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Usta Hawaii Pacific Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within HI. Charities of a similar size with the same main cause include Christian Camp and Conference Association International ($2.8m), Hemisfair Conservancy ($2.8m) and Glen Echo Park Partnership for Arts and Culture Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $511k (26% of expenses). Other salaries and wages came to $544k. At year end it held assets of $3.2m against liabilities of $161k, net assets of $3.0m. It reported 58 employees.