Hawaii Island Adult Care Inc

Analysis

Hawaii Island Adult Care Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Hawaii Island Adult Care Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $1.6m (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hawaii Island Adult Care Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within HI. Charities of a similar size with the same main cause include Ditto Upscale Resale ($1.6m), Hospice Services of Northwest Kansas Inc ($1.6m) and Friends of the Sharehouse Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $75k (4.5% of expenses). Other salaries and wages came to $710k. At year end it held assets of $1.3m against liabilities of $114k, net assets of $1.2m. It reported 39 employees.