Hawai I Island Home for Recovery Inc

Analysis

Hawai I Island Home for Recovery Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Hawai I Island Home for Recovery Inc reported income of $822k and spending of $825k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $561k to $822k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 287%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hawai I Island Home for Recovery Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Winslow Village Inc ($822k), Rebuilding Together Howard County Inc ($822k) and Kensington Place Inc ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $157k (19% of expenses). Other salaries and wages came to $272k. At year end it held assets of $155k against liabilities of $97k, net assets of $58k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.