Lanakila Pacific Foundation

Analysis

Lanakila Pacific Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lanakila Pacific Foundation reported income of $533k and spending of $1.2m, spending 221% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $533k (-75%), an average of -30% a year. The sharpest change came in the year to June 2021, when income rose by 477%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lanakila Pacific Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within HI. Charities of a similar size with the same main cause include Southeast Immigrant Rights Network Inc ($533k), Oregon Child and Family Services Council Inc ($533k) and Project Dove ($533k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $56k (4.8% of expenses). Other salaries and wages came to $60k. At year end it held assets of $21.2m against liabilities of $2.3m, net assets of $18.9m.