Reorganized Olowalu Cultural Reserve

Analysis

Reorganized Olowalu Cultural Reserve is a registered charity in United States, based in Lahaina, HI. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Reorganized Olowalu Cultural Reserve reported income of $126k and spending of $191k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $243k to $126k (-48%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reorganized Olowalu Cultural Reserve sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within HI. Charities of a similar size with the same main cause include Love the Sea ($126k), New Canaan Beautification League Inc ($126k) and Deer Lake Association of Itasca County ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.