Friends of the Volcano School of Arts & Sciences

Analysis

Friends of the Volcano School of Arts & Sciences is a registered charity in United States, based in Volcano, HI. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of the Volcano School of Arts & Sciences reported income of $122k and spending of $88k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $29k to $122k (+322%), an average of +43% a year. The sharpest change came in the year to June 2021, when income rose by 450%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Volcano School of Arts & Sciences sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within HI. Charities of a similar size with the same main cause include Dougherty Valley High School Athletic Boosters Club ($122k), Toussaint L Hale Sr Scholarship and Benevolence Fund ($122k) and The Achievement Fund Inc ($122k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $3.3m against liabilities of $1.7m, net assets of $1.7m.