Malawi Talent Fund Inc

Analysis

Malawi Talent Fund Inc is a registered charity in United States, based in Hilliard, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Malawi Talent Fund Inc reported income of $308k and spending of $467k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $308k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Malawi Talent Fund Inc 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 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Joseph E Lowery Institute for Justice and Human Rights Inc ($308k), Ambassadors for Christ Association ($308k) and Changa Labs ($307k).

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 $14k (3.0% of expenses). Other salaries and wages came to $6,200. At year end it held assets of $391k against liabilities of $353, net assets of $390k. It reported 2 employees.