442nd Legacy Center

Analysis

442nd Legacy Center is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 442nd Legacy Center reported income of $400k and spending of $85k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $400k (+184%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 266%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 442nd Legacy Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within HI. Charities of a similar size with the same main cause include J Howard Pew Fund for Presbyterian Uses ($400k), Japanese Language School of Greater Cincinnati ($401k) and Manchester Land Conservation Trust Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $49k. At year end it held assets of $990k against liabilities of $14k, net assets of $976k. It reported 3 employees.