Raising Malawi Inc

Analysis

Raising Malawi Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2008, 18 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, Raising Malawi Inc reported income of $1.7m and spending of $2.4m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $879k to $1.7m (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 2039%. Over the whole period it spent 222% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Raising Malawi Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Universal Peace Federation ($1.7m), Kids for the Kingdom Inc ($1.7m) and Nadias Initiative Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $141k. At year end it held assets of $32k against liabilities of $0, net assets of $32k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.