Iole

Analysis

Iole is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Iole reported income of $2.0m and spending of $1.4m, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.2m to $2.0m (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Iole sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within HI. Charities of a similar size with the same main cause include Black Belt Unincorporated Wastewater Program ($2.0m), Advocates for the West Inc ($2.0m) and Palmetto Bluff Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $48k (3.3% of expenses). Other salaries and wages came to $473k. At year end it held assets of $3.0m against liabilities of $2.3m, net assets of $735k.