Hui Malama O Ke Kai Foundation

Analysis

Hui Malama O Ke Kai Foundation is a registered charity in United States, based in Waimanalo, HI. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hui Malama O Ke Kai Foundation reported income of $1.1m and spending of $1.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $875k to $1.1m (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hui Malama O Ke Kai Foundation 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 81st percentile, and in the 81st percentile within HI. Charities of a similar size with the same main cause include Spirit of Atlanta Inc ($1.1m), Downtown Bentonville Inc ($1.1m) and Prosocial World ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $89k (8.7% of expenses). Other salaries and wages came to $349k. At year end it held assets of $1.4m against liabilities of $49k, net assets of $1.3m. It reported 21 employees.