Punahou School

Analysis

Punahou School is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in April 1938, 88 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Punahou School reported income of $146.4m and spending of $139.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $128.6m to $146.4m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Punahou School sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within HI. Charities of a similar size with the same main cause include University of Findlay ($146.3m), Saint Leo University Inc ($146.6m) and Southwestern University ($146.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.8m (2.0% of expenses). Other salaries and wages came to $64.0m. It paid $18k in professional fundraising fees. At year end it held assets of $644.4m against liabilities of $74.6m, net assets of $569.9m. It reported 1,894 employees.