Navy Hale Keiki School Inc

Analysis

Navy Hale Keiki School Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 1994, 32 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Navy Hale Keiki School Inc reported income of $3.1m and spending of $2.8m, spending 89% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.3m to $3.1m (+36%), an average of +11% a year. The sharpest change came in the year to May 2022, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navy Hale Keiki School Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Grants Pass Family YMCA ($3.1m), St Marys Court Housing Development Corporation ($3.1m) and Boy Scouts of America ($3.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $316k (11% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.2m against liabilities of $336k, net assets of $3.9m. It reported 50 employees.