Homeaid Hawaii
100% goes to programs $0 to raise $100 Growing revenue
Homeaid Hawaii is a 501(c)(3) organization based in Honolulu, Hawaii, registered in 2023, with $142,926,278 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
680 Iwilei Rd Ste 570, Honolulu, HI, 96817 EIN 47-4980676 Since 2023
Revenue (FY2024)
$142.9M
▲ 6377.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$132.9M
Net assets
$16.3M
Employees
13
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Homeaid Hawaii: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Homeaid Hawaii: 1 mo reserves · +7% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Homeaid Hawaii: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Homeaid Hawaii: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To help people experiencing or at risk of homelessness build new lives through construction.
What they do
Outreach program-home for the holiday gives homeless youth a place to celebrate the holidays.
Contact & location
- Address
- 680 Iwilei Rd Ste 570, Honolulu, HI, 96817
- City
- Honolulu
- State
- Hawaii
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $207K (FY2015) to $142.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $36.3MNet assets $16.3M
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$52.6M
Total liabilities
$36.3M
Net assets
$16.3M
Salaries & benefits
$783K
1% of expenses
Board members
18
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $142,926,278▲6377% | $132,929,155▲5300% | $16,273,213▲1417% | $52,612,955▲4682% | 990 |
| 2023 | $2,206,608▲838% | $2,461,750▲119% | $1,072,479▼19.2% | $1,100,211▼18.0% | 990 |
| 2022 | $235,338▼82.3% | $1,126,605▲481% | $1,327,621▼40.2% | $1,341,333▼40.2% | 990 |
| 2021 | $1,331,431▲52.1% | $194,074▲38.0% | $2,218,888▲105% | $2,241,746▲105% | 990 |
| 2020 | $875,487▲253% | $140,664▼20.9% | $1,081,531▲212% | $1,096,171▲204% | 990 |
| 2019 | $247,768▼10.8% | $177,771▲16.8% | $346,708▲25.3% | $360,759▲27.8% | 990 |
| 2018 | $277,657▲15.0% | $152,145▼12.5% | $276,711▲83.0% | $282,315▲82.0% | 990 |
| 2017 | $241,364▲34.2% | $173,908▼10.1% | $151,199▲80.6% | $155,083▲72.4% | 990 |
| 2016 | $179,906▼13.3% | $193,508▲75.8% | $83,743▼14.0% | $89,943▼15.2% | 990 |
| 2015 | $207,407 | $110,062 | $97,345 | $106,086 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kimo Carvalho — $164,383 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kimo Carvalho | Executive Director | 40 | $164,383 |
| Brian Uemori | Director | 0.5 | — |
| Chad Johnston | Director | 0.5 | — |
| Daniel Gatewood | Director | 0.5 | — |
| Dave Heard | Director | 0.5 | — |
| Francisco Gutierrez | Director | 0.5 | — |
| Gayna Buranelli | Director | 0.5 | — |
| Harry Saunders | Director | 0.5 | — |
| Jason Thon | Director | 0.5 | — |
| Jeffrey Prostor | Director | 0.5 | — |
| Josh Stinson | Director | 0.5 | — |
| Karen Seddon | Director | 0.5 | — |
| Kevin Carney | Director | 0.5 | — |
| Michael Young | Director | 0.5 | — |
| Quentin Machida | Director | 0.5 | — |
| Ralph Mesic | Director | 0.5 | — |
| Russell Wozniak | Director | 0.5 | — |
| Ryan Kamo | Director | 0.5 | — |
| Stanford Carr | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Goodfellow Bros LLC | Construction | $67,333,970 |
| Nanonest Corporation | Tiny Homes | $11,821,233 |
| Nordic Pcl Construction Inc | Construction | $9,309,073 |
| Staus Co Ltd | Tiny Homes | $8,334,334 |
| Construction Management Developmen | Construction Management | $4,485,595 |
Grants received · $575K total
12 grants to Homeaid Hawaii totaling $575K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thdf II Inc | To assist local charities | 2023 | $200,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $20,000 |
| Scan Health Plan | Donation to agency working on supporting community after the maui wildfires in august. funding to support home rebuilding and meeting the needs of residents impacted by the maui fires. | 2023 | $10,000 |
| Network For Good Inc | Unrestricted | 2023 | $8,733 |
| The Queens Medical Center | Support kauhale tiny houses | 2022 | $100,000 |
| Network For Good Inc | Unrestricted | 2022 | $45,303 |
| Network For Good Inc | Unrestricted | 2021 | $46,498 |
| Network For Good Inc | Unrestricted | 2020 | $36,136 |
| Eah Inc | General support of low income hsg | 2020 | $7,500 |
| Network For Good Inc | Unrestricted | 2019 | $21,617 |
| Network For Good Inc | Unrestricted | 2018 | $71,265 |
| Eah Inc | General support - low-income hsg | 2016 | $7,500 |
Grants made · $911K in FY2023
1 grant totaling $911K in FY2023. All grants made by Homeaid Hawaii →
| Recipient | Purpose | Amount |
|---|---|---|
| State of Hawaii | Transfer 18 units at kamoku kauhale | $910,780 |
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Frequently asked questions
- Is Homeaid Hawaii a legitimate nonprofit?
- Yes. Homeaid Hawaii is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-4980676, based in Honolulu, Hawaii. Donations are tax-deductible.
- What is Homeaid Hawaii's EIN?
- Homeaid Hawaii's Employer Identification Number (EIN) is 47-4980676.
- How much revenue does Homeaid Hawaii report?
- Homeaid Hawaii reported $142,926,278 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Homeaid Hawaii's spending goes to programs?
- Homeaid Hawaii spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Homeaid Hawaii have?
- CharityIndex grades Homeaid Hawaii B+, based on program efficiency and fundraising cost.
- How much does Homeaid Hawaii's highest-paid employee make?
- The highest reported compensation on Homeaid Hawaii's latest Form 990 is $164,383, paid to Kimo Carvalho (Executive Director).
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Data for Homeaid Hawaii (EIN 47-4980676) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.