Hanahauoli School

Analysis

Hanahauoli School is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 1938, 88 years ago. 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, Hanahauoli School reported income of $9.7m and spending of $7.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $9.7m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hanahauoli School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within HI. Charities of a similar size with the same main cause include Palmer College of Chiropratic- West ($9.7m), Fletcher Academy Inc ($9.7m) and Wonderland Educational Estate Association ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $290k (3.8% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $35.6m against liabilities of $580k, net assets of $35.0m. It reported 90 employees.