Malama Honua Public Charter School Foundation

Analysis

Malama Honua Public Charter School Foundation is a registered charity in United States, based in Waimanalo, HI. It received its IRS tax-exemption ruling in March 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 June 2023, Malama Honua Public Charter School Foundation reported income of $1.1m and spending of $557k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $455k to $1.1m (+144%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 327%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Malama Honua Public Charter School Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within HI. Charities of a similar size with the same main cause include Bedford County Regional Campus at Everett Foundation of Allegheny ($1.1m), Bet Yaakov Oz Vehadar Inc ($1.1m) and Stars Scholarship Fund ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $1.3m against liabilities of $599k, net assets of $744k.