The Malala Fund

Analysis

The Malala Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, The Malala Fund reported income of $17.2m and spending of $26.3m, spending 153% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $11.5m to $17.2m (+50%), an average of +11% a year. The sharpest change came in the year to March 2023, when income rose by 92%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Malala Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Trinity School of Midland Texas ($17.2m), Sports Leadership and Management Academy of Nevada ($17.2m) and Bullis-Purissima Elementary School ($17.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $505k (1.9% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $64.2m against liabilities of $14.4m, net assets of $49.8m. It reported 45 employees.