Waikiki Rough Water Swim Committee

Analysis

Waikiki Rough Water Swim Committee is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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, Waikiki Rough Water Swim Committee reported income of $78k and spending of $54k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $78k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waikiki Rough Water Swim Committee sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within HI. Charities of a similar size with the same main cause include Chateau Elan Military Support Foundation ($78k), Shajalal Islamic Center Inc ($78k) and Little League Baseball Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.