Malta House of Care-Waterbury Inc

Analysis

Malta House of Care-Waterbury Inc is a registered charity in United States, based in Middlebury, CT. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Malta House of Care-Waterbury Inc reported income of $139k and spending of $149k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $139k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Malta House of Care-Waterbury Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Anna T Jeanes Foundation ($139k), Live Like Cameron Inc ($139k) and Napa Valley Vintners Community Health Center ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $512k against liabilities of $0, net assets of $512k.