Mallakhamb Federation USA Inc

Analysis

Mallakhamb Federation USA Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Mallakhamb Federation USA Inc reported income of $144k and spending of $156k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $144k (+1.3%), an average of +1.3% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mallakhamb Federation USA 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 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Clackamas Junior Baseball Association ($144k), Brea Olinda Aquatics Inc ($144k) and Boston Hurricanes Athletic Club Inc ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.