Binhi at Ani

Analysis

Binhi at Ani is a registered charity in United States, based in Kahului, HI. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 June 2023, Binhi at Ani reported income of $391k and spending of $423k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $37k to $391k (+955%), an average of +80% a year. The sharpest change came in the year to June 2021, when income rose by 236%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Binhi at Ani sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within HI. Charities of a similar size with the same main cause include Dubuque Montessori School Inc ($391k), Santa Catalina Island Tuna Club Foundation ($391k) and St Camillus Community House II ($391k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 26% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.