Hawaii Restaurant Association Educational Foundation

Analysis

Hawaii Restaurant Association Educational Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hawaii Restaurant Association Educational Foundation reported income of $142k and spending of $132k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $142k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawaii Restaurant Association Educational Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Iwf Florida Suncoast Inc ($142k), Construction Association of South Florida Inc ($142k) and Mansfield High School Boosters Club Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $25k (19% of expenses). At year end it held assets of $266k against liabilities of $0, net assets of $266k.