Hualalai Ohana Foundation

Analysis

Hualalai Ohana Foundation is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hualalai Ohana Foundation reported income of $2.1m and spending of $1.8m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+72%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hualalai Ohana Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within HI. Charities of a similar size with the same main cause include Nine Fruits Corporation ($2.1m), Seminary Bnos Chaim ($2.1m) and Bronx Community College Association Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $158k (8.8% of expenses). Other salaries and wages came to $126k. At year end it held assets of $7.7m against liabilities of $222k, net assets of $7.5m. It reported 4 employees.