Hawaii Public Radio

Analysis

Hawaii Public Radio is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 June 2023, Hawaii Public Radio reported income of $8.1m and spending of $6.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $8.1m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawaii Public Radio sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within HI. Charities of a similar size with the same main cause include Oil Change International ($8.1m), Mid-Michigan District Health Department ($8.1m) and Encompass Northwest ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $841k (12% of expenses). At year end it held assets of $21.7m against liabilities of $2.8m, net assets of $18.9m. It reported 68 employees.