Papaaloa Housing Inc

Analysis

Papaaloa Housing Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Papaaloa Housing Inc reported income of $96k and spending of $1,867, leaving 98% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $70k to $96k (+38%), an average of +8.4% a year. The sharpest change came in the year to March 2021, when income rose by 3316%. Over the whole period it spent 6.4% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Papaaloa Housing Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within HI. Charities of a similar size with the same main cause include Cascade Meadows Senior Apartments ($96k), Hearts for Homes Inc ($96k) and Housing Opportunities Mader Easier ($96k).

At year end it held assets of $3.5m against liabilities of $2,400, net assets of $3.5m.