Hawaii Investment Ready

Analysis

Hawaii Investment Ready is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in September 2017, 9 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, Hawaii Investment Ready reported income of $1.7m and spending of $904k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $1.7m (+376%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 898%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawaii Investment Ready sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within HI. Charities of a similar size with the same main cause include Rise Resource Center Inc ($1.7m), South Baltimore Learning Corp Inc ($1.7m) and Dongguk University Los Angeles ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $174k (19% of expenses). Other salaries and wages came to $259k. At year end it held assets of $1.6m against liabilities of $150k, net assets of $1.4m.