Kea Au Housing Foundation Inc

Analysis

Kea Au Housing Foundation Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in March 1999, 27 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 September 2023, Kea Au Housing Foundation Inc reported income of $175k and spending of $261k, spending 150% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $145k to $175k (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2020, when income rose by 41%. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kea Au Housing Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within HI. Charities of a similar size with the same main cause include Bma Inc 12-12-94 ($175k), South Shore Village Leased Housing Corporation ($175k) and Appalachian Homes for Elderly Inc ($175k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.8m against liabilities of $16k, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.