Kealahou West Oahu

Analysis

Kealahou West Oahu is a registered charity in United States, based in Waianae, HI. It received its IRS tax-exemption ruling in August 2002, 24 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, Kealahou West Oahu reported income of $2.0m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.0m (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kealahou West Oahu sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within HI. Charities of a similar size with the same main cause include Herbert L Brooks Housing Development Fund Company Inc ($2.0m), Harney Pioneer Homes Inc ($2.0m) and Church Street Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $83k (4.8% of expenses). Other salaries and wages came to $684k. At year end it held assets of $984k against liabilities of $65k, net assets of $918k. It reported 32 employees.