Lanai Kinaole Inc

Analysis

Lanai Kinaole Inc is a registered charity in United States, based in Lanai City, HI. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lanai Kinaole Inc reported income of $445k and spending of $560k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $521k to $445k (-15%), an average of -5.1% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lanai Kinaole Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within HI. Charities of a similar size with the same main cause include Not Impossible Foundation Inc ($444k), Hanson House Foundation Inc ($445k) and Lewisite Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $100k (18% of expenses). Other salaries and wages came to $221k. At year end it held assets of $285k against liabilities of $104k, net assets of $182k. It reported 8 employees.