Lapaau Community Acupuncture

Analysis

Lapaau Community Acupuncture is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lapaau Community Acupuncture reported income of $94k and spending of $96k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $70k to $94k (+34%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lapaau Community Acupuncture sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within HI. Charities of a similar size with the same main cause include Casey Doolin Memorial Fund Inc ($94k), Athletes & Entertainers for Kids ($94k) and Alive at Last Ministries ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 85% of the total. At year end it held assets of $23k against liabilities of $25k, net assets of -$1,864.

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.