The Preschool at Kapalua

Analysis

The Preschool at Kapalua is a registered charity in United States, based in Lahaina, HI. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, The Preschool at Kapalua reported income of $302k and spending of $301k, spending 100% of its income. Across the 5 years on record, from May 2019 to May 2024, income grew from $239k to $302k (+26%), an average of +5.9% a year. The sharpest change came in the year to May 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Preschool at Kapalua sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within HI. Charities of a similar size with the same main cause include Hope for Children Ministries ($302k), Lorraines House ($302k) and Turnout Inc ($302k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.0% and program service revenue 91% of the total. Other salaries and wages came to $170k. At year end it held assets of $148k against liabilities of -$49k, net assets of $197k.