Waimea Alumni and Friends Foundation

Analysis

Waimea Alumni and Friends Foundation is a registered charity in United States, based in Waimea, HI. It received its IRS tax-exemption ruling in October 1982, 44 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 December 2023, Waimea Alumni and Friends Foundation reported income of $127k and spending of $97k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $165k to $127k (-23%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waimea Alumni and Friends Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within HI. Charities of a similar size with the same main cause include Love Inc of Kootenai County ($127k), Oakwood Home for Women Inc ($127k) and Figure Skating Club of Minneapolis ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $475k against liabilities of $0, net assets of $475k.