Hawaii Tax Help and Financial Empowerment Solutions

Analysis

Hawaii Tax Help and Financial Empowerment Solutions is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2018, 8 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, Hawaii Tax Help and Financial Empowerment Solutions reported income of $97k and spending of $102k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $97k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawaii Tax Help and Financial Empowerment Solutions sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within HI. Charities of a similar size with the same main cause include Rockin Baker Academy ($97k), Dorcas Circle ($97k) and Fellowship Matters Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,007 against liabilities of $5,000, net assets of -$993.