Mali Rising Foundation

Analysis

Mali Rising Foundation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Mali Rising Foundation reported income of $254k and spending of $252k, spending 99% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $227k to $254k (+12%), an average of +2.8% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mali Rising Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Annandale Preschool Association Inc ($254k), Great and Small Inc ($254k) and Edens Community Enrichment Foundation ($254k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (28% of expenses). At year end it held assets of $166k against liabilities of $22k, net assets of $145k. It reported 1 employees.