East Hawaii State Veterans Home

Analysis

East Hawaii State Veterans Home is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Hawaii State Veterans Home reported income of $12.7m and spending of $12.6m, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $4.7m to $12.7m (+167%), an average of +63% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Hawaii State Veterans Home sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within HI. Charities of a similar size with the same main cause include Psi Services III Inc ($12.7m), The Young Mens Christian Asso of the Chippewa Valley Inc ($12.7m) and Urban Jacksonville Inc ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.3m. At year end it held assets of $7.1m against liabilities of $8.2m, net assets of -$1.0m. It reported 125 employees.