Arc of Hawaii Housing Project Number 11 Incorporated

Analysis

Arc of Hawaii Housing Project Number 11 Incorporated is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in July 1992, 34 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, Arc of Hawaii Housing Project Number 11 Incorporated reported income of $279k and spending of $244k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $235k to $279k (+19%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arc of Hawaii Housing Project Number 11 Incorporated sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within HI. Charities of a similar size with the same main cause include SC Chamber Education and Workforce Development Foundation ($279k), Mena Polk County Senior Citizens Inc ($279k) and Early Learning Pre School ($279k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Other salaries and wages came to $30k. At year end it held assets of $749k against liabilities of $522k, net assets of $228k.