Malachi Ministries International Inc
Analysis
Malachi Ministries International Inc is a registered charity in United States, based in Sherwood, AR. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Malachi Ministries International Inc reported income of $97k and spending of $117k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $97k (-6.1%), an average of -6.1% a year. Over the whole period it spent 106% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Malachi Ministries International Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AR. Charities of a similar size with the same main cause include Kavanahlife Inc ($97k), Bengali Cultural Society ($97k) and North India Indigenous Partners Inc ($97k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,678 against liabilities of $0, net assets of $8,678.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kavanahlife Inc | Brooklyn | $97k |
| Bengali Cultural Society | Voorhees | $97k |
| North India Indigenous Partners Inc | White Bear LK | $97k |
| Gessner Ministries | Danville | $97k |