Carden Academy of Maui

Analysis

Carden Academy of Maui is a registered charity in United States, based in Makawao, HI. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Carden Academy of Maui reported income of $3.9m and spending of $3.1m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.9m (+51%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carden Academy of Maui sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within HI. Charities of a similar size with the same main cause include Capital Village Schools ($3.9m), Spokane Valley Christian School ($3.9m) and Lumen Scholar Institute ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $141k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.8m against liabilities of $2.7m, net assets of $4.1m. It reported 64 employees.