Hawaii Global Education Foundation

Analysis

Hawaii Global Education Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Hawaii Global Education Foundation reported income of $639k and spending of $543k, spending 85% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.2m to $639k (-48%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaii Global Education Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within HI. Charities of a similar size with the same main cause include Haywood Arts Repertory Theater ($638k), Parlor Room ($639k) and Sam and Alfreda Maloof Foundation for Arts and Crafts ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $17k (3.1% of expenses). Other salaries and wages came to $142k. At year end it held assets of $146k against liabilities of $1,502, net assets of $144k. It reported 29 employees.