Kona Aerial Gymnastic Team Inc

Analysis

Kona Aerial Gymnastic Team Inc is a registered charity in United States, based in Kealakekua, HI. It received its IRS tax-exemption ruling in December 1998, 28 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, Kona Aerial Gymnastic Team Inc reported income of $213k and spending of $218k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $213k (-11%), an average of -11% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kona Aerial Gymnastic Team Inc 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 Delta Valley Volleyball Club ($213k), MCQMRC ($213k) and Hebron Lacrosse Association ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. At year end it held assets of $42k against liabilities of $3,235, net assets of $39k.