Kona Aquatics Club Inc

Analysis

Kona Aquatics Club Inc is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Kona Aquatics Club Inc reported income of $468k and spending of $58k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $383k to $468k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kona Aquatics Club Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include Greater Peoria Honor Flight ($468k), The Louisiana Open Inc ($468k) and Greater Cincinnati Film Commission ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 0.2% of the total. At year end it held assets of $754k against liabilities of $0, net assets of $754k.