Malta Farms Inc

Analysis

Malta Farms Inc is a registered charity in United States, based in Slaton, TX. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Malta Farms Inc reported income of $377k and spending of $382k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $377k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Malta Farms Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include For the Silent ($377k), Birmingham Volunteer Lawyers Progam Inc ($377k) and Harrison County Casa Program Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $87k. At year end it held assets of $602k against liabilities of $0, net assets of $602k. It reported 3 employees.