Malie Foundation

Analysis

Malie Foundation is a registered charity in United States, based in Kapaa, HI. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Malie Foundation reported income of $107k and spending of $79k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $158k to $107k (-32%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 253%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Malie Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within HI. Charities of a similar size with the same main cause include Art Plus Gallery ($107k), Chico Air Museum ($107k) and Saint Anthony Historic Preservation Society ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.