Order of Malta Pilgrimage Foundation

Analysis

Order of Malta Pilgrimage Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 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, Order of Malta Pilgrimage Foundation reported income of $1.1m and spending of $740k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $1.1m (+248%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 490%. Over the whole period it spent 27% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Order of Malta Pilgrimage Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Empower International Inc ($1.1m), Faith and Reason Institute ($1.1m) and Truly Fed Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. It paid $142k in professional fundraising fees. At year end it held assets of $8.2m against liabilities of $25k, net assets of $8.2m.