Kauai Economic Opportunity Incorporated

Analysis

Kauai Economic Opportunity Incorporated is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kauai Economic Opportunity Incorporated reported income of $3.0m and spending of $3.2m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $3.0m (-0.7%), an average of -0.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kauai Economic Opportunity Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include A Act of Love Alternative Options & Services for Todays Children ($3.0m), Hospice of Kona Inc ($3.0m) and Harmony Development Center Inc 01012001 ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $218k (6.9% of expenses). Other salaries and wages came to $1000k. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.5m. It reported 49 employees.