Homes Hawaii Inc

Analysis

Homes Hawaii Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, Homes Hawaii Inc reported income of $85k and spending of $49k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $85k (-0.8%), an average of -0.2% a year. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homes Hawaii Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within HI. Charities of a similar size with the same main cause include Burnett County Courtyard Square Ltd ($85k), Dogwood Place Inc ($85k) and Mammoth Spring Housing Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $460k, net assets of $597k.