Molokai Homestead Farmers Alliance

Analysis

Molokai Homestead Farmers Alliance is a registered charity in United States, based in Hoolehua, HI. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Molokai Homestead Farmers Alliance reported income of $659k and spending of $358k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $659k (+258%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 961%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Molokai Homestead Farmers Alliance sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within HI. Charities of a similar size with the same main cause include Ainsworth After School Care Assn ($659k), Kentuckiana Construction Education Foundation Trust Fund ($660k) and Training Educating and Mentoring Services ($659k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $103k (29% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.