It was established in 1955 and is the only school in the state that specializes in educating children who are gifted and/or have language-based learning differences such as dyslexia.

Assets School was established in 1955 at the request of military families who needed specialized educational services for their children.

[2] The campus was expanded in 1999, with the help of finance from the he Charles B. Wang International Foundation including special purpose classrooms such as labs, kitchen facilities, art and drama rooms, and 25% more instructional space.

Membership and affiliations include: Assets students in grades 7-12 participate in sports via the Interscholastic League of Honolulu (ILH) and students grades 4-6 participate in the Christian School Athletic League.

Within the ILH's large team sports like football, baseball and soccer, Assets participates by banding together with other small private schools through affiliation with the PAC-5.