Hawaii Alliance of Nonprofit Organizations

Analysis

Hawaii Alliance of Nonprofit Organizations is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 1942, 84 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hawaii Alliance of Nonprofit Organizations reported income of $825k and spending of $828k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $607k to $825k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hawaii Alliance of Nonprofit Organizations sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include Rihub ($825k), Economic Development Corporation of Wayne County Indiana ($826k) and Southern Windsor County Incubator Inc ($824k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $185k. At year end it held assets of $2.8m against liabilities of $2.2m, net assets of $625k. It reported 4 employees.