Koloa Early School

Analysis

Koloa Early School is a registered charity in United States, based in Koloa, HI. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Koloa Early School reported income of $864k and spending of $378k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $347k to $864k (+149%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Koloa Early School sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within HI. Charities of a similar size with the same main cause include National Church Residences ($864k), Terra College Foundation ($864k) and Dickson Valley Ministries ($864k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $230k (61% of expenses). Other salaries and wages came to $6,450. At year end it held assets of $1.2m against liabilities of $91k, net assets of $1.1m. It reported 10 employees.