Society for Konas Education & Art

Analysis

Society for Konas Education & Art is a registered charity in United States, based in Honaunau, HI. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 June 2024, Society for Konas Education & Art reported income of $130k and spending of $130k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $98k to $130k (+33%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Konas Education & Art sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within HI. Charities of a similar size with the same main cause include Special Opportunity Center Inc ($130k), Legacy Scholarship Funds Inc ($130k) and Villagers Homeowners Advocates Inc ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 13% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.