Maui Tomorrow Foundation Inc

Analysis

Maui Tomorrow Foundation Inc is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maui Tomorrow Foundation Inc reported income of $213k and spending of $345k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $362k to $213k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maui Tomorrow Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Gardiner Library Association ($213k), Tates School of Discovery Foundation ($214k) and California Institute of Career Development ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $121k (35% of expenses). Other salaries and wages came to $60k. At year end it held assets of $724k against liabilities of $64k, net assets of $660k. It reported 5 employees.