The Malibu Community Labor Exchange

Analysis

The Malibu Community Labor Exchange is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, The Malibu Community Labor Exchange reported income of $174k and spending of $145k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $285k to $174k (-39%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Malibu Community Labor Exchange sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Wat Dhammagunaram of Utah ($174k), Corale B Workum TR Uw Decd ($174k) and New Hope Historical Society ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $290k against liabilities of $0, net assets of $290k.