Waimanalo Health Center

Analysis

Waimanalo Health Center is a registered charity in United States, based in Waimanalo, HI. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Waimanalo Health Center reported income of $16.4m and spending of $14.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $16.4m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Waimanalo Health Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within HI. Charities of a similar size with the same main cause include The American Society of Gene & Cell Therapy ($16.4m), Armc Physicians Care Inc ($16.4m) and Virginia League for Planned Parenthood Inc ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1.2m (8.2% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $26.1m against liabilities of $5.4m, net assets of $20.7m. It reported 164 employees.