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'Iolani School

Honolulu, HI · EIN 99-0073502 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

'Iolani School reported $110.8 million in revenue and $101.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.17 went to program services, $12.50 to management and general costs and $3.33 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 67.7% of the total. The highest compensation it reported for one person was $960,776 (HEAD OF SCHOOL, EX OFFICIO). 114 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $101M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $111M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.2%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.14$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
21.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
67.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$960,776$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.95%1.28%
People paid over $100,000
Part VII, line 2
1148
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
43.513.3
Independent voting board members
Part VI 1a–1b
21 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$71M expenses · 83.0% of program spending · grants $8.8M · revenue $71M

'iolani was founded in 1863 after king kamehameha iv and queen emma set out to establish an anglican church in hawaii. The school was rooted in three small schools - a lahaina school on the island of maui, st. Alban's college and 'iolani college - formed during hawaii's monarchy days.the school's campus was once located on the grounds of st. Andrew's cathedral, moved to nu'uanu, and then finally relocated in 1946 to its present 25-acre property. 'iolani was originally an all-boys school, but became co-educational in 1979.today, 'iolani's enrollment has grown to approximately 2,300 students…

$7.0M expenses · 8.3% of program spending · revenue $3.8M

'iolani offers an extensive summer and after school program with reinforcement, enrichment, elective and credit courses. These courses are open to students from all schools and are available on a first come first serve registration basis. More than 2,500 students enroll each year in 'iolani's summer and special programs, which include offerings in the following fields: dance, physical education, art, math, reading, robotics, video game design, sat preparation, and others. Many students come from the U.S. Mainland and asia to enroll their children in 'iolani's summer programs, which utilizes…

$3.6M expenses · 4.2% of program spending · revenue $74,797

'iolani is a member of the interscholastic league of honolulu (ilh). All participants are expected to fulfill all athletic requirements, to display good sportsmanship, and to follow the program set forth by coaches and the athletic department. There are over 20 varsity sports for boys and girls, as well as many sports in the junior varsity and intermediate grade levels.for the lower grade levels, 'iolani participates in the christian schools athletic league for basketball and volleyball. There are also opportunities for students to participate in intramural sports.the campus hosts numerous…

$3.9M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
HEAD OF SCHOOL, EX OFFICIO
Director/trustee, officer, 40.00 hrs/week
$625,107$0$335,669$960,776
CHIEF FINANCIAL OFFICER
Key employee, 40.00 hrs/week
$310,136$0$79,642$389,778
ASSOCIATE HEAD OF SCHOOL
Key employee, 40.00 hrs/week
$275,066$0$66,150$341,216
CHIEF ADVANCEMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$280,094$0$48,361$328,455
DEAN OF STUDIES
Highest compensated employee, 40.00 hrs/week
$228,257$0$71,790$300,047
DEAN OF ADMISSIONS AND FIN AID
Highest compensated employee, 40.00 hrs/week
$218,149$0$41,672$259,821
DIR OF RES HEALTH AND WELLNESS
Highest compensated employee, 40.00 hrs/week
$206,866$0$40,000$246,866
DEAN OF RESIDENTIAL PROGRAMS
Highest compensated employee, 40.00 hrs/week
$212,998$0$27,820$240,818

114 people received more than $100,000 in reportable compensation from 'Iolani School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$111M$101M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$111M$101M84.2%$367M$960,776
FY2024 ⓘ$105M$94M86.5%$339M$970,046
FY2023 ⓘ$99M$87M87.2%$308M$962,307
FY2022 ⓘ$95M$80M89.0%$275M$969,352
FY2021 ⓘ$97M$75M87.4%$305M$887,797
FY2020 ⓘ$76M$72M87.0%$253M$813,743

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 21 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,328
  • Volunteers Part I, line 67,581

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
WCIT ARCHITECTURE
Architect services
$1,565,123
WILLIS TOWERS WATSON US LLC
Consulting services
$1,044,631
RMY CONSTRUCTION INC
Construction
$807,011
P3 MANAGEMENT LLC
Project management
$647,585

Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.

Private foundation grants it received

35 private foundations reported grants to 'Iolani School totaling $6.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from 'Iolani School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for 'Iolani School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Hawaii

Questions people ask

How much of 'Iolani School's spending goes to programs?

In the fiscal year ending June 30, 2025, 'Iolani School reported that 84.2% of its $101.1 million in expenses went to program services, 12.5% to management and general and 3.3% to fundraising (Form 990, Part IX).

How much does 'Iolani School pay its top executive?

The largest total compensation 'Iolani School reported for one person in the fiscal year ending June 30, 2025 was $960,776, for the role of HEAD OF SCHOOL, EX OFFICIO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does 'Iolani School get its money?

Of $110.8 million in revenue in the fiscal year ending June 30, 2025, 21.9% came from contributions and grants and 67.7% from program service revenue (Form 990, Part VIII).

Is 'Iolani School a registered charity?

The IRS lists EIN 99-0073502 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349301619 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511329349300341 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421309349303842 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349307713 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349309849 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349305897 · read the filing

All filings for EIN 99-0073502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.