Malaai

Analysis

Malaai is a registered charity in United States, based in Kamuela, HI. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Malaai reported income of $315k and spending of $361k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $315k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Malaai sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within HI. Charities of a similar size with the same main cause include Hill Murray Fathers Club Inc ($315k), Literacy Volunteers of Greater Waterbury ($315k) and Scholars Guild Academy ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $69k (19% of expenses). Other salaries and wages came to $128k. At year end it held assets of $270k against liabilities of $10k, net assets of $260k. It reported 8 employees.