Charles R Hemenway Scholarship TR

Analysis

Charles R Hemenway Scholarship TR is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 1964, 62 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 2024, Charles R Hemenway Scholarship TR reported income of $279k and spending of $262k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $188k to $279k (+49%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 149%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles R Hemenway Scholarship TR sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within HI. Charities of a similar size with the same main cause include Parent Boosters Association Inc ($279k), Eagle Athletics Booster Club Inc ($279k) and Concerned Citizens of Whitesboro Inc ($279k).

Compensation of current officers, directors and key employees was $47k (18% of expenses). At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.