Housing and Land Enterprise of Maui

Analysis

Housing and Land Enterprise of Maui is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Housing and Land Enterprise of Maui reported income of $4.9m and spending of $377k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $4.9m (+244%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 653%. Over the whole period it spent 19% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing and Land Enterprise of Maui sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within HI. Charities of a similar size with the same main cause include Long Beach Rescue Mission ($4.9m), Samaritan House Inc ($4.9m) and Homewood Living Spring House Inc ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $162k (43% of expenses). Other salaries and wages came to $55k. At year end it held assets of $15.0m against liabilities of $34k, net assets of $14.9m. It reported 6 employees.