Nalukai Foundation

Analysis

Nalukai Foundation is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nalukai Foundation reported income of $447k and spending of $212k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $241k to $447k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nalukai Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include Charlotte Mason Association of Detroit ($447k), Sloca Thrift Store LLC ($447k) and Lutheran School Corporation of Indiana Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (18% of expenses). At year end it held assets of $364k against liabilities of $0, net assets of $364k.