Hawaii Amateur Surfing Association

Analysis

Hawaii Amateur Surfing Association is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hawaii Amateur Surfing Association reported income of $258k and spending of $263k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $258k (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 370%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hawaii Amateur Surfing Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within HI. Charities of a similar size with the same main cause include Peninsula Youth Football Association ($258k), MHB Gridiron Club Inc ($258k) and Maryland Interscholastic Athletic Association Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). At year end it held assets of $88k against liabilities of $0, net assets of $88k.