Hooulu-Lahui

Analysis

Hooulu-Lahui is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hooulu-Lahui reported income of $932k and spending of $1.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $932k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 243%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hooulu-Lahui sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($932k), Boys & Girls Clubs of the Blue Ridge Inc ($933k) and Boys & Girls Club of Sierra Vista Inc ($932k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (9.8% of expenses). Other salaries and wages came to $159k. At year end it held assets of $1.5m against liabilities of $9,578, net assets of $1.5m. It reported 7 employees.

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.