Hawaii Academy of Science

Analysis

Hawaii Academy of Science is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover science and technology, 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, Hawaii Academy of Science reported income of $420k and spending of $392k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $434k to $420k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaii Academy of Science sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within HI. Charities of a similar size with the same main cause include Makerspace of Milwaukee Inc ($420k), Talea Ensemble Incorporated ($420k) and Gallery 1516 of Regional Artists Inc ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $587k against liabilities of $0, net assets of $587k.