Loiloa

Analysis

Loiloa is a registered charity in United States, based in Kula, HI. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Loiloa reported income of $118k and spending of $59k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $118k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Loiloa sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within HI. Charities of a similar size with the same main cause include Austin Visual Arts Association ($118k), Twin Steeples Inc ($118k) and Dreamstreet Theatre Company Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $130k against liabilities of $876, net assets of $129k.