Maui United Way Inc

Analysis

Maui United Way Inc is a registered charity in United States, based in Kahului, HI. It received its IRS tax-exemption ruling in October 1945, 81 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2022, Maui United Way Inc reported income of $1.7m and spending of $1.8m, spending 109% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $969k to $1.7m (+72%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maui United Way Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within HI. Charities of a similar size with the same main cause include Fort Recovery Ohio Community Foundation Inc ($1.7m), Columbus Blue Jackets Foundation ($1.7m) and United Way of Spencer ($1.7m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 82% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $76k (4.2% of expenses). Other salaries and wages came to $200k. At year end it held assets of $2.5m against liabilities of $52k, net assets of $2.4m. It reported 5 employees.