Our Lady of Keaau

Analysis

Our Lady of Keaau is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Our Lady of Keaau reported income of $331k and spending of $409k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $290k to $331k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 139% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Lady of Keaau sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within HI. Charities of a similar size with the same main cause include Platte County Economic Development Council Incorporated ($331k), DRKB Inc ($331k) and San Diego County Prosperity Foundation ($331k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $136k. At year end it held assets of $4.5m against liabilities of $429k, net assets of $4.1m.

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.