Joy of Sake Ohana

Analysis

Joy of Sake Ohana is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 2009, 17 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, Joy of Sake Ohana reported income of $300k and spending of $209k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $300k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Joy of Sake Ohana sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within HI. Charities of a similar size with the same main cause include Maryland State Wrestling Assoc ($300k), Indiana International School of Diving Inc ($300k) and American Legion High School Rodeo of Wyoming Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $190k against liabilities of $8,234, net assets of $182k.