Thinktech Hawaii Inc

Analysis

Thinktech Hawaii Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Thinktech Hawaii Inc reported income of $124k and spending of $166k, spending 133% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $183k to $124k (-32%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thinktech Hawaii Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within HI. Charities of a similar size with the same main cause include Mercy House ($124k), New Hope Development Center Inc ($124k) and Bridgegaps Foundation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $79k against liabilities of $1,180, net assets of $78k.