Maliasili Initiatives Inc

Analysis

Maliasili Initiatives Inc is a registered charity in United States, based in Essex, VT. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Maliasili Initiatives Inc reported income of $5.2m and spending of $7.3m, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $14.9m to $5.2m (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 64% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Maliasili Initiatives Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VT. Charities of a similar size with the same main cause include Arizona Association of Conservation Districts Inc ($5.2m), Marine Stewardship Council Limited ($5.2m) and Fred M Van Eck Forest Foundation for Purdue University ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $552k (7.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $11.8m against liabilities of $450k, net assets of $11.4m. It reported 6 employees.