Malembe Rise Inc

Analysis

Malembe Rise Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Malembe Rise Inc reported income of $132k and spending of $170k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $132k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Malembe Rise Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Cambodian Village Fund ($132k), Amigos de Las Americas ($132k) and American Friends of Toldos Moshe Dov Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $112k against liabilities of $2,148, net assets of $110k.