Hawaii Veterans Memorial Fund

Analysis

Hawaii Veterans Memorial Fund is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hawaii Veterans Memorial Fund reported income of $210k and spending of $199k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $123k to $210k (+71%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawaii Veterans Memorial Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within HI. Charities of a similar size with the same main cause include Association of Academic Museums and Galleries ($210k), Human Resource Council of Converse County ($210k) and Woolly Farms Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.