Mallorys Army Charitable Foundation

Analysis

Mallorys Army Charitable Foundation is a registered charity in United States, based in Rockaway, NJ. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mallorys Army Charitable Foundation reported income of $61k and spending of $57k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $167k to $61k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mallorys Army Charitable Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Enkrateia House of Hope ($61k), Strings of Mercy Inc ($61k) and Bikur Cholim Bergen County ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $171k against liabilities of $3,012, net assets of $168k.