United Hawaii College

Analysis

United Hawaii College is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, United Hawaii College reported income of $910k and spending of $526k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $910k (-34%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 454%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Hawaii College sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within HI. Charities of a similar size with the same main cause include Alliance for Equity in Montessori Education ($910k), Country Christian School ($910k) and Hope Christian Academy Inc ($910k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $77k (15% of expenses). Other salaries and wages came to $180k. At year end it held assets of $795k against liabilities of $0, net assets of $795k. It reported 31 employees.