Mala Ministries Inc

Analysis

Mala Ministries Inc is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Mala Ministries Inc reported income of $138k and spending of $149k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $138k (+1.8%), an average of +1.8% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mala Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Because of Jesus Inc ($138k), Friends of JCSD ($138k) and Kidology Inc ($138k).

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 $22k against liabilities of $170, net assets of $22k.