Waipahu Community Association

Analysis

Waipahu Community Association is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waipahu Community Association reported income of $564k and spending of $554k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $564k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Waipahu Community Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within HI. Charities of a similar size with the same main cause include The Watershed Center Inc ($564k), Heritage Ohio Inc ($564k) and Foresight Foundation for Economic Equity ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 23% of the total. Other salaries and wages came to $78k. At year end it held assets of $3.6m against liabilities of $403k, net assets of $3.1m. It reported 2 employees.