Hawaii Journalism Initiative

Analysis

Hawaii Journalism Initiative is a registered charity in United States, based in Kahului, HI. It received its IRS tax-exemption ruling in May 2022, 4 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, Hawaii Journalism Initiative reported income of $230k and spending of $38k, leaving 83% of income unspent that year. Over the whole period it spent 17% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaii Journalism Initiative sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within HI. Charities of a similar size with the same main cause include Musica Franklin Inc ($230k), Montpelier Descendants Committee ($230k) and Foundation for Spirituality and the Arts Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $202k against liabilities of $10k, net assets of $192k.