Kihei Canoe Club

Analysis

Kihei Canoe Club is a registered charity in United States, based in Kihei, HI. It received its IRS tax-exemption ruling in October 1981, 45 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, Kihei Canoe Club reported income of $228k and spending of $227k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $228k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kihei Canoe Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within HI. Charities of a similar size with the same main cause include Thousand Oaks Girls Softball Association Inc ($228k), Loveland Volleyball Inc ($228k) and Bemidji Wrestling Club ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 52% of the total. At year end it held assets of $363k against liabilities of $826, net assets of $362k.