Kaunalewa

Analysis

Kaunalewa is a registered charity in United States, based in Kekeha, HI. It received its IRS tax-exemption ruling in March 2021, 5 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, Kaunalewa reported income of $641k and spending of $157k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $641k (+796%), an average of +796% a year. The sharpest change came in the year to December 2023, when income rose by 796%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kaunalewa 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 74th percentile, and in the 74th percentile within HI. Charities of a similar size with the same main cause include United Urban Indian Council Inc ($641k), Sync Space Entrepreneur Center ($641k) and Ar-Tx Redi ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7,693. At year end it held assets of $491k against liabilities of $2,833, net assets of $488k.