Hale Makua Foundation

Analysis

Hale Makua Foundation is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hale Makua Foundation reported income of $224k and spending of $594k, spending 265% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $224k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 373%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hale Makua Foundation 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 56th percentile, and in the 54th percentile within HI. Charities of a similar size with the same main cause include Meals on Wheels of Arlington ($224k), Bancroft Elmentary School Parent- Faculty Club ($224k) and Watertown Historical Society ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $5.0m against liabilities of $1,932, net assets of $5.0m.