Waikiki Health

Analysis

Waikiki Health is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Waikiki Health reported income of $31.9m and spending of $30.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.3m to $31.9m (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Waikiki Health 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 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Project Angel Food ($31.9m), Samuel U Rodgers Health Center Inc ($31.9m) and Colorado Health Network Inc ($31.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $757k (2.5% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $19.3m against liabilities of $9.2m, net assets of $10.1m. It reported 253 employees.