Joseph Maley Foundation Inc

Analysis

Joseph Maley Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Joseph Maley Foundation Inc reported income of $758k and spending of $399k, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $395k to $758k (+92%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joseph Maley Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Southwestern Colorado Area Health Education Center Inc ($758k), Shisa ($758k) and Kangaroos Korner Inc ($758k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $86k (21% of expenses). Other salaries and wages came to $215k. At year end it held assets of $1.2m against liabilities of $31k, net assets of $1.1m. It reported 15 employees.