Hunakai Park Association

Analysis

Hunakai Park Association is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hunakai Park Association reported income of $66k and spending of $42k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $66k (-13%), an average of -13% a year. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hunakai Park Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within HI. Charities of a similar size with the same main cause include Renew East Lyme Inc ($66k), Westwood Village Rotary Club Foundation ($66k) and Coventry Village Special Improvemnt District of Cleveland Heights Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $133k against liabilities of $5,148, net assets of $128k.