Olohana Inc

Analysis

Olohana Inc is a registered charity in United States, based in Paauilo, HI. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Olohana Inc reported income of $450k and spending of $365k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $450k (+697%), an average of +698% a year. The sharpest change came in the year to December 2023, when income rose by 697%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Olohana Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include Tender Foundation Inc ($450k), Living with Communities ($450k) and Destined for a Change Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $44k. At year end it held assets of $115k against liabilities of $5,719, net assets of $109k. It reported 3 employees.