Kakoo Oiwi

Analysis

Kakoo Oiwi is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kakoo Oiwi reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $951k to $1.9m (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kakoo Oiwi sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within HI. Charities of a similar size with the same main cause include South Shore Chamber Community Development Corporation ($1.9m), Central New York Jatc for the Electrical Industry ($1.9m) and Freedom Work Opportunities Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $116k (6.1% of expenses). Other salaries and wages came to $859k. At year end it held assets of $2.1m against liabilities of $82k, net assets of $2.0m. It reported 45 employees.