Ka Aha Lahui O Olekona

Analysis

Ka Aha Lahui O Olekona is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in January 2020, 6 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, Ka Aha Lahui O Olekona reported income of $347k and spending of $456k, spending 132% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $216k to $347k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ka Aha Lahui O Olekona sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OR. Charities of a similar size with the same main cause include Friends of Old Town Theatre ($346k), Rebecca Penneys Friends of Piano Inc ($347k) and Bronx Conservatory of Music ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $74k. At year end it held assets of $253k against liabilities of $140k, net assets of $113k. It reported 9 employees.