Mali Health Organizing Project Inc

Analysis

Mali Health Organizing Project Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mali Health Organizing Project Inc reported income of $429k and spending of $544k, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $562k to $429k (-24%), an average of -5.2% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mali Health Organizing Project Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include National Institute for Construction Excellence ($429k), Ladies of Charity of Nashville ($429k) and Northern Illinois Center for Nonprofit Excellence ($429k).

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 $23k (4.3% of expenses). Other salaries and wages came to $236k. At year end it held assets of $259k against liabilities of $6,614, net assets of $252k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.