Kunia Village Development Corporation

Analysis

Kunia Village Development Corporation is a registered charity in United States, based in Kunia, HI. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Kunia Village Development Corporation reported income of $932k and spending of $862k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12k to $932k (+7560%), an average of +196% a year. The sharpest change came in the year to June 2020, when income rose by 2115%. Over the whole period it spent 28% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kunia Village Development Corporation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within HI. Charities of a similar size with the same main cause include Life Beyond Inc ($931k), Lutheran Knolls North Inc ($933k) and The Housing Partnership Inc ($931k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $2.5m against liabilities of $94k, net assets of $2.4m.