University of the Nations Kona Inc

Analysis

University of the Nations Kona Inc is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of the Nations Kona Inc reported income of $31.7m and spending of $31.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.6m to $31.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of the Nations Kona Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Cambiar Education ($31.7m), Kipp Baltimore Inc ($31.7m) and Kipp Team and Family Schools Inc ($31.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $289k (0.9% of expenses). At year end it held assets of $43.6m against liabilities of $3.3m, net assets of $40.3m. It reported 2 employees.