Kona Association for Retarded Citizens

Analysis

Kona Association for Retarded Citizens is a registered charity in United States, based in Kealakekua, HI. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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 2023, Kona Association for Retarded Citizens reported income of $4.3m and spending of $3.8m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.0m to $4.3m (+8.6%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kona Association for Retarded Citizens sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within HI. Charities of a similar size with the same main cause include Plymouth Christian Youth Center American Lutheran Church ($4.3m), Center Against Sexual and Family Violence Inc ($4.3m) and Achilles International Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $297k (7.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.5m against liabilities of $1.1m, net assets of $4.4m. It reported 97 employees.