Sui Wah School

Analysis

Sui Wah School is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 1987, 39 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, Sui Wah School reported income of $140k and spending of $96k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $104k to $140k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sui Wah School sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Frankfort Hill Volunteer Fire Co Inc ($140k), PTA Georgia Congress ($140k) and Sarah Siddons Society Inc ($140k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $1,600 (1.7% of expenses). Other salaries and wages came to $43k. At year end it held assets of $455k against liabilities of $5,483, net assets of $449k. It reported 24 employees.