Na Kahu O Hoai Inc

Analysis

Na Kahu O Hoai Inc is a registered charity in United States, based in Lawai, HI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Na Kahu O Hoai Inc reported income of $113k and spending of $85k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $113k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Na Kahu O Hoai Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within HI. Charities of a similar size with the same main cause include Shasta Library Foundation ($113k), Odaiko New England Inc ($113k) and Oregon Coast School of Art ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 74% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.