Hanalani Schools

Analysis

Hanalani Schools is a registered charity in United States, based in Mililani, HI. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Hanalani Schools reported income of $22.6m and spending of $12.6m, leaving 45% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $11.8m to $22.6m (+92%), an average of +18% a year. The sharpest change came in the year to July 2021, when income rose by 28%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hanalani Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within HI. Charities of a similar size with the same main cause include Thacher School Inc ($22.6m), St Augustine Preparatory Academy Inc ($22.7m) and Athens Academy Inc ($22.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 40% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $193k (1.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $36.9m against liabilities of $6.7m, net assets of $30.2m. It reported 146 employees.