Hana Health

Analysis

Hana Health is a registered charity in United States, based in Hana, HI. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hana Health reported income of $8.3m and spending of $6.1m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $8.3m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hana Health sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within HI. Charities of a similar size with the same main cause include Community Foundation Alliance Inc ($8.3m), In His Steps Foundation ($8.3m) and Community Foundation of the Florida Keys ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $235k (3.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $13.1m against liabilities of $3.1m, net assets of $10.0m. It reported 30 employees.