Malaria No More Fund

Analysis

Malaria No More Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Malaria No More Fund reported income of $11.8m and spending of $8.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $11.8m (+223%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 187%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Malaria No More Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 89th percentile within DC. Charities of a similar size with the same main cause include The Community Foundation of Shelby County ($11.8m), Christian Community Health Center ($11.8m) and Foundation for Appalachian Kentucky Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.2m (15% of expenses). Other salaries and wages came to $2.2m. It paid $85k in professional fundraising fees. At year end it held assets of $15.0m against liabilities of $1.9m, net assets of $13.1m. It reported 27 employees.