Waimanalo Village Residents Corporation

Analysis

Waimanalo Village Residents Corporation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Waimanalo Village Residents Corporation reported income of $578k and spending of $506k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $499k to $578k (+16%), an average of +3.8% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Waimanalo Village Residents Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within HI. Charities of a similar size with the same main cause include Lutheran Senior Services of Sussex County Inc ($578k), Mhany 2011 Housing Development Fund Corporation ($578k) and CJK Community Homes ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 77% of the total. Other salaries and wages came to $178k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.