Waikiki Surf Club

Analysis

Waikiki Surf Club is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Surf Club reported income of $84k and spending of $87k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $62k to $84k (+34%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waikiki Surf Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within HI. Charities of a similar size with the same main cause include Del Paso Foundation ($84k), Gavin Gladding Foundation ($84k) and Team 94 ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $634k against liabilities of $0, net assets of $634k.