Hiipaka LLC

Analysis

Hiipaka LLC is a registered charity in United States, based in Haleiwa, HI. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hiipaka LLC reported income of $12.5m and spending of $8.9m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $12.5m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 275%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hiipaka LLC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within HI. Charities of a similar size with the same main cause include Rights and Resources Institute Inc ($12.5m), Council on Library and Information Resources ($12.6m) and Whidbey-Camano Land Trust ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $225k (2.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $30.1m against liabilities of $868k, net assets of $29.2m. It reported 104 employees.