Hawaii Mainland Chinese Overseas Association Inc

Analysis

Hawaii Mainland Chinese Overseas Association Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hawaii Mainland Chinese Overseas Association Inc reported income of $77k and spending of $56k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $51k to $77k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawaii Mainland Chinese Overseas Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within HI. Charities of a similar size with the same main cause include Pauls Perseverance Intercession Ministries ($77k), Faith Mission Thrift Store ($77k) and Grace to Glory Discipleship Ministries Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.