Malachi Network Inc

Analysis

Malachi Network Inc is a registered charity in United States, based in Quarryville, PA. It received its IRS tax-exemption ruling in January 2011, 15 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, Malachi Network Inc reported income of $604k and spending of $599k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $604k (+49%), an average of +11% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Malachi Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Wise CCC ($604k), Hermanas Del Corazon de Jesus Sacramentado ($605k) and Daniel Payne College Village Foundation ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (7.1% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.