Kahuli Leo Lea

Analysis

Kahuli Leo Lea is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in December 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, Kahuli Leo Lea reported income of $1.3m and spending of $980k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $426k to $1.3m (+215%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kahuli Leo Lea sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within HI. Charities of a similar size with the same main cause include Womens Studio Workshop Inc ($1.3m), Polish Heritage Center Foundation at Panna Maria ($1.3m) and Historic Morven Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $240k (25% of expenses). Other salaries and wages came to $103k. At year end it held assets of $425k against liabilities of $25k, net assets of $400k. It reported 5 employees.