Hale Lokahi Elua

Analysis

Hale Lokahi Elua is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 June 2023, Hale Lokahi Elua reported income of $91k and spending of $86k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $82k to $91k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hale Lokahi Elua sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within HI. Charities of a similar size with the same main cause include Marion County Memorial Honor Guard Inc ($91k), Cathedral Foundation ($91k) and Wahoo Public Schools Foundation ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. At year end it held assets of $107k against liabilities of $17k, net assets of $90k.