Malmaison Villas Inc

Analysis

Malmaison Villas Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Malmaison Villas Inc reported income of $523k and spending of $469k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $523k (+11%), an average of +2.6% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Malmaison Villas Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include East San Gabriel Valley Coalition for the Homeless ($522k), Hope & a Future III Inc ($523k) and Redmond Oasis Village Project ($522k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $417k against liabilities of $604k, net assets of -$187k.