Kahookamamalu Inc

Analysis

Kahookamamalu Inc is a registered charity in United States, based in Wailuku, HI. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Kahookamamalu Inc reported income of $82k and spending of $126k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $82k to $82k (+0.5%), an average of +0.1% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kahookamamalu Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within HI. Charities of a similar size with the same main cause include Goodwill Industries Kinney Apartments Inc ($82k), Auburn Housing Authority Inc ($83k) and Missionary Retreat Fellowship ($82k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $4,408 (3.5% of expenses). Other salaries and wages came to $16k. At year end it held assets of $1.1m against liabilities of $137k, net assets of $973k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.