Waikiki Yacht Club Education Foundation

Analysis

Waikiki Yacht Club Education Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 1988, 38 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 Yacht Club Education Foundation reported income of $53k and spending of $79k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $53k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waikiki Yacht Club Education Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within HI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($53k), Rhinelander Health Foundation Inc ($53k) and PTA California Congress of Parents Teachers & Students Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.