Hawaii Pacific University

Analysis

Hawaii Pacific University is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hawaii Pacific University reported income of $126.6m and spending of $137.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $97.0m to $126.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawaii Pacific University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within HI. Charities of a similar size with the same main cause include Southeastern University Inc ($126.3m), Saint Xavier University ($126.7m) and Capital University ($125.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.6m (1.9% of expenses). Other salaries and wages came to $35.3m. At year end it held assets of $238.8m against liabilities of $172.6m, net assets of $66.2m. It reported 1,375 employees.