Hawaii Agriculture Research Center

Analysis

Hawaii Agriculture Research Center is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Hawaii Agriculture Research Center reported income of $3.2m and spending of $3.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $3.2m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawaii Agriculture Research Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Valley Shore YMCA ($3.2m), Youth Service Bureau of St Joseph County Inc ($3.2m) and Business Opportunities for the Blind Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $372k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.3m against liabilities of $3.8m, net assets of $5.4m. It reported 34 employees.