Malachi House II

Analysis

Malachi House II is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, 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, Malachi House II reported income of $767k and spending of $778k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $787k to $767k (-2.6%), an average of -0.7% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Malachi House II 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 NC. Charities of a similar size with the same main cause include Vida Mobile Clinic ($767k), All Souls Counseling Center ($767k) and Debbie-Rand Memorial Service League Inc ($767k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $208k. At year end it held assets of $23k against liabilities of $24k, net assets of -$1,840. It reported 12 employees.