Island School

Analysis

Island School is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in July 1976, 50 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, Island School reported income of $9.5m and spending of $7.7m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.8m to $9.5m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Island School sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within HI. Charities of a similar size with the same main cause include Antilles School Inc ($9.5m), Juniper Tree Academy ($9.6m) and Westminster Christian Academy ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $242k (3.1% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $24.4m against liabilities of $8.2m, net assets of $16.1m. It reported 125 employees.