Hawaii Federation of USA Wrestling

Analysis

Hawaii Federation of USA Wrestling is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 2014, 12 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, Hawaii Federation of USA Wrestling reported income of $113k and spending of $63k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $113k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hawaii Federation of USA Wrestling sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within HI. Charities of a similar size with the same main cause include Mounted Eagles Inc ($113k), Little League Baseball Inc ($113k) and Northwest Girls Basketball Alliance ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 53% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.