The Annual Hawaii Convention Inc

Analysis

The Annual Hawaii Convention Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Annual Hawaii Convention Inc reported income of $137k and spending of $122k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $137k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 2290%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Annual Hawaii Convention Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Bauerstown Baseball & Softball Association ($137k), All Day Every Day ($137k) and Cedar Falls Tiger Booster Club ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $9,000 (7.3% of expenses). At year end it held assets of $75k against liabilities of $24k, net assets of $51k.