Malama Huleia

Analysis

Malama Huleia is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Malama Huleia reported income of $1.1m and spending of $491k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $687k to $1.1m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 523%. Over the whole period it spent 32% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Malama Huleia sits at the 78th percentile: it is larger than about 78% 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 Paco Community Development Corporation ($1.1m), Great Lakes Training & Development Corp ($1.1m) and Beargrass Conservancy Inc ($1.1m).

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 $95k (19% of expenses). Other salaries and wages came to $178k. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m. It reported 5 employees.