Hawaii Executive Collaborative

Analysis

Hawaii Executive Collaborative is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2020, 6 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, Hawaii Executive Collaborative reported income of $3.0m and spending of $2.7m, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.2m to $3.0m (+144%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hawaii Executive Collaborative 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 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Hispanic and Immigrant Center of ($3.0m), Citysquare Housing ($3.0m) and Trumbull Neighborhood Partnership ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $179k (6.6% of expenses). Other salaries and wages came to $89k. At year end it held assets of $1.0m against liabilities of $132k, net assets of $892k. It reported 2 employees.