Malouf Foundation

Analysis

Malouf Foundation is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Malouf Foundation reported income of $831k and spending of $1.1m, spending 132% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $212k to $831k (+292%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 245%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Malouf Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within UT. Charities of a similar size with the same main cause include Peter Michael Foundation ($831k), Catholic Financial Life Foundation Inc ($831k) and Bancroft Foundation Inc ($830k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $349k (32% of expenses). Other salaries and wages came to $289k. At year end it held assets of $3.9m against liabilities of $106k, net assets of $3.8m. It reported 11 employees.