Kalani Honua Inc

Analysis

Kalani Honua Inc is a registered charity in United States, based in Pahoa, HI. It received its IRS tax-exemption ruling in September 1981, 45 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, Kalani Honua Inc reported income of $1.8m and spending of $1.1m, leaving 42% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $554k to $1.8m (+231%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 511%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kalani Honua Inc 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 85th percentile, and in the 86th percentile within HI. Charities of a similar size with the same main cause include McCreary County Heritage Foundation Inc ($1.8m), Chicago International Puppet Theater Festival ($1.8m) and Americas Foundation of the Serpentine Galleries ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $70k (6.6% of expenses). Other salaries and wages came to $110k. At year end it held assets of $238k against liabilities of $431k, net assets of -$192k. It reported 13 employees.