Kauluakalana

Analysis

Kauluakalana is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kauluakalana reported income of $826k and spending of $425k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $343k to $826k (+141%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 62% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kauluakalana sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Fortworth Medtech Center Inc ($826k), Redwood City Improvement Association ($827k) and Economic Development Corporation of Wayne County Indiana ($826k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $100k (24% of expenses). Other salaries and wages came to $137k. At year end it held assets of $785k against liabilities of $7,882, net assets of $777k. It reported 10 employees.