Aloha United Way Inc

Analysis

Aloha United Way Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Aloha United Way Inc reported income of $24.5m and spending of $24.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.5m to $24.5m (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 176%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Aloha United Way Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within HI. Charities of a similar size with the same main cause include Aurora Health Care Foundation Inc ($24.4m), Friends of Family Health Center ($24.6m) and Community Foundation of Broward Inc ($24.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $878k (3.6% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $23.2m against liabilities of $4.9m, net assets of $18.3m. It reported 79 employees.