Kalihi Palama Cuture & Arts Society Inc

Analysis

Kalihi Palama Cuture & Arts Society Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 1972, 54 years ago. 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, Kalihi Palama Cuture & Arts Society Inc reported income of $232k and spending of $211k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $345k to $232k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kalihi Palama Cuture & Arts Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within HI. Charities of a similar size with the same main cause include Highland Groveland Recreation ($232k), Greensburg Community Development Corporation ($232k) and Casa de Los Angelitos ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $42k (20% of expenses). Other salaries and wages came to $34k. At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 2 employees.