Foundation Order of Malta Inc

Analysis

Foundation Order of Malta Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 2022, Foundation Order of Malta Inc reported income of $553k and spending of $556k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $481k to $553k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation Order of Malta Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Long Island Council of Churches ($553k), Society for Historical Archaeology ($553k) and Young Aspirations-Young Artists Inc ($553k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 55% and program service revenue 25% of the total. Other salaries and wages came to $11k. At year end it held assets of $636k against liabilities of $69k, net assets of $567k. It reported 1 employees.