Scottish Rite Foundation of Hawaii As a Nonprofit Corp

Analysis

Scottish Rite Foundation of Hawaii As a Nonprofit Corp is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Scottish Rite Foundation of Hawaii As a Nonprofit Corp reported income of $165k and spending of $115k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $182k to $165k (-9.1%), an average of -9.1% a year. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scottish Rite Foundation of Hawaii As a Nonprofit Corp sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within HI. Charities of a similar size with the same main cause include Schrage Christian Mission ($165k), Wisconsin Upper Michigan Kiwanis District Foundation Incorporated ($165k) and Palacios Area Historical Association ($165k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 6.9% and program service revenue 14% of the total. Other salaries and wages came to $71k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m. It reported 2 employees.