Malulani Hale

Analysis

Malulani Hale is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1975, 51 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 September 2023, Malulani Hale reported income of $2.7m and spending of $1.7m, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $2.7m (+15%), an average of +3.6% a year. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Malulani Hale sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within HI. Charities of a similar size with the same main cause include The Griffin Foundation Inc ($2.7m), Kaltreider-Benfer Library ($2.7m) and The Forbes Funds ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Other salaries and wages came to $170k. At year end it held assets of $15.9m against liabilities of $7.2m, net assets of $8.7m. It reported 4 employees.