Whale Trust

Analysis

Whale Trust is a registered charity in United States, based in Puunene, HI. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2023, Whale Trust reported income of $663k and spending of $616k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $413k to $663k (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Whale Trust sits at the 81st percentile: it is larger than about 81% 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 Isthmus Community Media Inc ($663k), The Argenta Arts Foundation Inc ($663k) and Colorado Business Committee for the Arts ($663k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $56k (9.1% of expenses). Other salaries and wages came to $94k. At year end it held assets of $785k against liabilities of $165k, net assets of $620k. It reported 4 employees.