Hawaii Craftsmen

Analysis

Hawaii Craftsmen is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hawaii Craftsmen reported income of $128k and spending of $194k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $128k (-31%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaii Craftsmen sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within HI. Charities of a similar size with the same main cause include Oley Valley Athletic Boosters Club ($128k), National Italian American Sports Hall of Fame Inc ($128k) and Wiegand Foundation Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 63% of the total. At year end it held assets of $81k against liabilities of $1, net assets of $81k.