Friends of the Waikiki Aquarium

Analysis

Friends of the Waikiki Aquarium is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Friends of the Waikiki Aquarium reported income of $542k and spending of $305k, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $515k to $542k (+5.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 93% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Waikiki Aquarium sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within HI. Charities of a similar size with the same main cause include Meoowzresq Inc ($541k), Aberdeen Area Humane Society ($542k) and Animal Assistance League of Orange County Incorporated ($541k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Compensation of current officers, directors and key employees was $57k (19% of expenses). At year end it held assets of $4.6m against liabilities of $104k, net assets of $4.4m.