Foundation of the Rotary Club of Honolulu Hawaii

Analysis

Foundation of the Rotary Club of Honolulu Hawaii is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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 June 2023, Foundation of the Rotary Club of Honolulu Hawaii reported income of $146k and spending of $141k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $211k to $146k (-31%), an average of -8.8% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the Rotary Club of Honolulu Hawaii sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within HI. Charities of a similar size with the same main cause include Guru Nanak Society of Central Pennsylvania Inc ($146k), Old Dock Cypress Creek Volunteer Fire Department and Auxiliary ($147k) and Aplington Recreation Complex Inc ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.2m against liabilities of $7,576, net assets of $2.2m.