Kuleana Education Inc

Analysis

Kuleana Education Inc is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kuleana Education Inc reported income of $816k and spending of $730k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $516k to $816k (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kuleana Education Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Jujoy Inc ($816k), Grapevine-Colleyville Band Booster Club ($816k) and Lower Macungie Library Inc ($815k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $61k (8.4% of expenses). Other salaries and wages came to $290k. It paid $1,247 in professional fundraising fees. At year end it held assets of $654k against liabilities of $103k, net assets of $551k.