Hawaii Bicycling League

Analysis

Hawaii Bicycling League is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2023, Hawaii Bicycling League reported income of $738k and spending of $772k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $702k to $738k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hawaii Bicycling League sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within HI. Charities of a similar size with the same main cause include Leipsic Volunteer Fire Company Inc ($737k), Broad River Volunteer Fire and Rescue Department Inc ($738k) and Little Fork Volunteer Fire and Rescue Company Inc ($736k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $79k (10% of expenses). Other salaries and wages came to $297k. At year end it held assets of $236k against liabilities of $15k, net assets of $222k. It reported 26 employees.