Hawaii Marine Education and Research Center

Analysis

Hawaii Marine Education and Research Center is a registered charity in United States, based in Volcano, HI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Marine Education and Research Center reported income of $2.6m and spending of $126k, leaving 95% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $296k to $2.6m (+761%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 214%. Over the whole period it spent 8.2% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hawaii Marine Education and Research Center sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within HI. Charities of a similar size with the same main cause include Paani Project ($2.5m), Deschutes Basin Land Trust ($2.6m) and Sanctuary Forest Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.