Kuakini Medical Center

Analysis

Kuakini Medical Center is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1945, 81 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kuakini Medical Center reported income of $151.3m and spending of $156.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $138.8m to $151.3m (+9.0%), an average of +2.2% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kuakini Medical Center sits at the 96th percentile: it is larger than about 96% of them. 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 Gottlieb Memorial Hospital ($151.3m), W I Cook Foundation Inc ($151.5m) and St Josephs Medical PC ($151.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $641k (0.4% of expenses). Other salaries and wages came to $57.7m. At year end it held assets of $147.3m against liabilities of $126.3m, net assets of $21.1m. It reported 871 employees.