Honu Project

Analysis

Honu Project is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in April 1993, 33 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, Honu Project reported income of $91k and spending of $98k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $99k to $91k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 268%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honu Project sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within HI. Charities of a similar size with the same main cause include Turnaround Community Lending ($91k), Achieve Learning Center ($91k) and Westport Young Womans League Inc ($91k).

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 $63k against liabilities of $0, net assets of $63k.