USA Mali Charitable Association of NYC

Analysis

USA Mali Charitable Association of NYC is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, USA Mali Charitable Association of NYC reported income of $116k and spending of $116k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $116k (+2.5%), an average of +2.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, USA Mali Charitable Association of NYC sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Sacred Heart of Jesus Conference Society of St Vincent de Paul ($116k), For Every Girl Inc ($116k) and Center of Compassion Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.