Village of Hope Maui Inc

Analysis

Village of Hope Maui Inc is a registered charity in United States, based in Kahului, HI. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Village of Hope Maui Inc reported income of $212k and spending of $123k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $212k (+276%), an average of +94% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village of Hope Maui Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Rainbow Village II Inc ($212k), Refugee Family Assistance Program ($212k) and Bladen Crisis Assistance Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $30k (24% of expenses). Other salaries and wages came to $19k. At year end it held assets of $224k against liabilities of $0, net assets of $224k. It reported 3 employees.