Arc of Hawaii Housing Project Number 7 Incorporated

Analysis

Arc of Hawaii Housing Project Number 7 Incorporated is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Arc of Hawaii Housing Project Number 7 Incorporated reported income of $115k and spending of $102k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $263k to $115k (-56%), an average of -34% a year. The sharpest change came in the year to June 2022, when income dropped by 57%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Hawaii Housing Project Number 7 Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within HI. Charities of a similar size with the same main cause include Crestwood Soccer Club ($115k), Richmond Hill Players Inc ($115k) and Mother Lode Youth Soccer League ($115k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. At year end it held assets of $246k against liabilities of $136k, net assets of $111k.