Georges Malaika Foundationincorporated

Analysis

Georges Malaika Foundationincorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Georges Malaika Foundationincorporated reported income of $978k and spending of $894k, spending 91% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $683k to $978k (+43%), an average of +9.4% a year. The sharpest change came in the year to March 2022, when income rose by 107%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Georges Malaika Foundationincorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Come Over and Help ($974k), Peace Operations Training Institute ($978k) and Saviors Tear ($973k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.7m against liabilities of $319k, net assets of $2.4m.