Mali Wellness Foundation

Analysis

Mali Wellness Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Mali Wellness Foundation reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $342k to $1.8m (+414%), an average of +127% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mali Wellness Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within UT. Charities of a similar size with the same main cause include Sumaira Foundation ($1.8m), Peripheral Nerve Society ($1.8m) and LA Vie Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $483k against liabilities of $0, net assets of $483k.