Ka Ipu Makani Cultural Heritage Center

Analysis

Ka Ipu Makani Cultural Heritage Center is a registered charity in United States, based in Kaunakakai, HI. It received its IRS tax-exemption ruling in August 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ka Ipu Makani Cultural Heritage Center reported income of $210k and spending of $149k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $103k to $210k (+103%), an average of +103% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ka Ipu Makani Cultural Heritage Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within HI. Charities of a similar size with the same main cause include Fishinko Payee Services ($210k), Hendersonville Theatre ($210k) and Bristol Chamber Foundation ($210k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $51k (34% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.