Friends of Hawaii Charities Inc

Analysis

Friends of Hawaii Charities Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in July 1998, 28 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 May 2023, Friends of Hawaii Charities Inc reported income of $159k and spending of $695k, spending 436% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.5m to $159k (-89%), an average of -43% a year. The sharpest change came in the year to May 2023, when income dropped by 86%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Hawaii Charities Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OR. Charities of a similar size with the same main cause include The Morton and Amy Friedkin Supporting Foundation ($159k), Azizi Life ($159k) and Patricks Pals Inc ($159k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 961% of the total. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.7m.