Hawaii Medical Foundation

Analysis

Hawaii Medical Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2023, Hawaii Medical Foundation reported income of $157k and spending of $143k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $188k to $157k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2022, when income rose by 6794%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hawaii Medical Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within HI. Charities of a similar size with the same main cause include Comfort Nurturingminds Possibilities of Learning Limited ($157k), Open Heartland ($157k) and New York Mills Volunteer Fire Company Inc ($157k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. At year end it held assets of $252k against liabilities of $3,725, net assets of $249k.