Special Education Center of Hawaii

Analysis

Special Education Center of Hawaii is a registered charity in United States, based in Kapolei, HI. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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, Special Education Center of Hawaii reported income of $3.8m and spending of $4.6m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $3.8m (-47%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Education Center of Hawaii sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within HI. Charities of a similar size with the same main cause include True Access Capital Corporation ($3.8m), Blanchet House of Hospitality ($3.8m) and Catholic Charities of South Carolina ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $152k (3.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.9m against liabilities of $1.7m, net assets of $2.3m. It reported 84 employees.