Arc of Hawaii Housing Project No 8 Incorporated

Analysis

Arc of Hawaii Housing Project No 8 Incorporated is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 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 No 8 Incorporated reported income of $120k and spending of $72k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $116k to $120k (+4.0%), an average of +4.0% a year. Over the whole period it spent 61% 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 No 8 Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within HI. Charities of a similar size with the same main cause include Micah House Inc ($120k), Dearborn Fire Fighters Burn Drive ($120k) and New Hartford Land Conservation Trust Inc ($120k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $244k against liabilities of $26k, net assets of $218k.