Kamaaina Care Inc
Analysis
Kamaaina Care Inc is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Kamaaina Care Inc reported income of $32.6m and spending of $29.9m, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $29.4m to $32.6m (+11%), an average of +2.7% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kamaaina Care 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 Young Audiences Charter Association ($32.6m), Faculty Associates Incorporated ($32.6m) and Texas Womans University Foundation ($32.6m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $458k (1.5% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $33.6m against liabilities of $4.4m, net assets of $29.2m. It reported 930 employees.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Program services 71%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Young Audiences Charter Association | Gretna | $32.6m |
| Faculty Associates Incorporated | Gainesville | $32.6m |
| Texas Womans University Foundation | Denton | $32.6m |
| Groves Academy | St Louis Park | $32.6m |