Kokua

Analysis

Kokua is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kokua reported income of $11.8m and spending of $10.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $11.8m (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kokua 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 96th percentile within WA. Charities of a similar size with the same main cause include Broadway Housing Communities Inc ($11.8m), Acacia Creek a Masonic Senior Living Community at Union City ($11.8m) and House of Ruth Maryland Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $291k (2.9% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $2.9m against liabilities of $688k, net assets of $2.2m. It reported 268 employees.