Kulaniakea

Analysis

Kulaniakea is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in January 2016, 10 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 December 2023, Kulaniakea reported income of $1.5m and spending of $1.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $691k to $1.5m (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kulaniakea sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within HI. Charities of a similar size with the same main cause include Crossroads Academy Inc ($1.5m), Redlands Educational Partnership ($1.5m) and Unity Christian School ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $152k (12% of expenses). Other salaries and wages came to $552k. At year end it held assets of $1.0m against liabilities of $92k, net assets of $929k. It reported 17 employees.