Malta Conferences Foundation

Analysis

Malta Conferences Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2012, 14 years ago. 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, Malta Conferences Foundation reported income of $68k and spending of $32k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $68k (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 347%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Malta Conferences Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include William Penn Fraternal Association Scholarship Foundation Inc ($68k), Service League of Michigan City Indiana Inc ($68k) and Military Affairs Council Inc ($68k).

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 $211k against liabilities of $0, net assets of $211k.