Palama Settlement

Analysis

Palama Settlement is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1942, 84 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Palama Settlement reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.8m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Palama Settlement sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within HI. Charities of a similar size with the same main cause include Legal Services of Greater Miami Foundation Inc ($2.8m), Missouri Girls Town Foundation Inc ($2.8m) and Onepa Activist United ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $294k (10% of expenses). Other salaries and wages came to $820k. At year end it held assets of $5.6m against liabilities of $807k, net assets of $4.8m. It reported 43 employees.