Hookuaaina

Analysis

Hookuaaina is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in October 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, Hookuaaina reported income of $933k and spending of $790k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $900k to $933k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hookuaaina sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Tennessee Shakespeare Company ($933k), George Phippen Memorial Foundation ($933k) and Shaw Center for the Arts LLC ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $124k (16% of expenses). Other salaries and wages came to $337k. At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.5m. It reported 12 employees.