Malama Kai Foundation

Analysis

Malama Kai Foundation is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Malama Kai Foundation reported income of $179k and spending of $151k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $401k to $179k (-55%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 74%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Malama Kai Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within HI. Charities of a similar size with the same main cause include Hastings Youth Athletic Association ($179k), Germantown Library ($179k) and Indian American Medical Assn Il Charitable Foundation Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.