Hawaii Rise Foundation

Analysis

Hawaii Rise Foundation is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Rise Foundation reported income of $289k and spending of $311k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.6m to $289k (-89%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawaii Rise Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within HI. Charities of a similar size with the same main cause include Pretty Bird Woman House ($289k), Mills Institute for Learning Leadership Service Inc ($289k) and New Hampshire Electric Co-Op Foundation ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (7.6% of expenses). At year end it held assets of $97k against liabilities of $23k, net assets of $74k. It reported 1 employees.