Valley Isle Timing Association

Analysis

Valley Isle Timing Association is a registered charity in United States, based in Kahului, HI. It received its IRS tax-exemption ruling in October 1989, 37 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, Valley Isle Timing Association reported income of $173k and spending of $161k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $211k to $173k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Valley Isle Timing Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within HI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($173k), Little Theatre of Biloxi ($173k) and Ecp Cares Foundation Inc ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 95% of the total. At year end it held assets of $243k against liabilities of $351, net assets of $243k.