Hui Ho Olana

Analysis

Hui Ho Olana is a registered charity in United States, based in Kualapuu, HI. It received its IRS tax-exemption ruling in July 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hui Ho Olana reported income of $350k and spending of $316k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $462k to $350k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 94% 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 Ho Olana sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within HI. Charities of a similar size with the same main cause include Commonwealth Center for Advanced Logistics Systems ($350k), Florida Fruit & Vegetable Research & Education Foundation Inc ($350k) and CSPS Hall Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $42k (13% of expenses). At year end it held assets of $744k against liabilities of $197k, net assets of $547k.