Magical Creatures of Hamakua - Animal Rescue and Sanctuary

Analysis

Magical Creatures of Hamakua - Animal Rescue and Sanctuary is a registered charity in United States, based in Laupahoehoe, HI. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Magical Creatures of Hamakua - Animal Rescue and Sanctuary reported income of $168k and spending of $115k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $123k to $168k (+36%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Magical Creatures of Hamakua - Animal Rescue and Sanctuary sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within HI. Charities of a similar size with the same main cause include Susquehannock Wildlife Society Inc ($168k), Golden Endings-Golden Retriever Rescue ($168k) and Giant Sable Fund ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.1% of the total. At year end it held assets of $100k against liabilities of $34k, net assets of $66k.