Arc of Maui County - Molokai Residence

Analysis

Arc of Maui County - Molokai Residence is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in December 2010, 16 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 (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, Arc of Maui County - Molokai Residence reported income of $543k and spending of $385k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2019 to December 2023, income grew from $281k to $543k (+93%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arc of Maui County - Molokai Residence sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within HI. Charities of a similar size with the same main cause include McKinney RHF Housing Inc ($542k), Lincoln Park Renewal Corporation ($543k) and Ahepa 310-Vii Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Other salaries and wages came to $205k. At year end it held assets of $1.7m against liabilities of $6,778, net assets of $1.6m.