Hale Mua Cultural Group

Analysis

Hale Mua Cultural Group is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in July 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hale Mua Cultural Group reported income of $53k and spending of $29k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $53k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hale Mua Cultural Group sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within HI. Charities of a similar size with the same main cause include Arpeggione Ensemble Inc ($53k), Port Angeles Athletic Educational Foundation ($53k) and Quitman Brooks County Historical Museum & Cultural Center Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.